The rent prices in real estate in Grosse Ile, in the Michigan region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Grosse Ile has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.31. In the following month the price per sq.feet rose to $1.49. The price for the following two months in (January, February) had a considerable fall of 58 with regard to the previous two months. The price per sq.feet has risen 108 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.1 to $1.2 during March, and April.
When referring to the price in Grosse Ile (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $2,500. During December the price went through a considerable rise reaching $2,883. During the following two months (January, February) the average price had a considerable fall of 64 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $2,210.75 to $1,890 in March and April.