The rent prices in real estate in Hillsdale, 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 Hillsdale has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.14. In December this price barely changed remaining at $1.09 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $0.82 to $0.41 during March, and April.
When referring to the price in Hillsdale (cities), this has fallen considerably in the last 6 months. The average price for November is $1,584. During December the price had a slight fall till $1,440. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,452 to $769, which means a 53 % fall.
According to average price per property type in Hillsdale, "" priced at $631 is 26 % lower than the average price ($850) in this city.