The rent prices in real estate in Hanahan, in the South Carolina 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 Hanahan has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.23. In May this price barely changed remaining at $1.25 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.24 to $1.2 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $1.22 to $0.62 during August, and September.
When referring to the price in Hanahan (cities), this has fallen considerably in the last 6 months. The average price for April is $1,547. During May the price had a slight fall till $1,396. During the following two months (June, July) the price has had an average rise from $1,471.5 to $1,569. During the last two months the average price has fallen greatly compared to the previous four going from $1,520.25 to $901.5, which means a 59 % fall.