The rent prices in real estate in Homer, in the Alaska region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Homer has risen strongly during the last 6 months. In February, the average price per sq.feet was $0.85. In the following month the price per sq.feet rose considerably to $1.04. The price for the following two months in (April, May) had a considerable fall of 70 with regard to the previous two months. The price per sq.feet has had a considerable rise of 374 % 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 $0.8 to $3 during June, and July.
When referring to the price in Homer (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $1,167. In March This price remains at $1,150. During the following two months (April, May) the average price had a considerable fall of 49 % 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 $860.25 to $574, which means a 67 % fall.