The rent prices in real estate in Humboldt, in the Tennessee 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 Humboldt has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.17. In the following month the price per sq.feet fell to $1. The price for the following two months in (January, February) had a considerable fall of 34 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 $0.73 to $0.78 during March, and April.
When referring to the price in Humboldt (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,469. In December This price remains at $1,438. During the following two months (January, February) the average price had a considerable fall of 62 % 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 $1,174.5 to $937.5, which means a 80 % fall.