The rent prices in real estate in Jackson, in the Missouri 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 Jackson has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.78. In November this price barely changed remaining at $1.78 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has had a considerable fall of 64 % 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 $1.57 to $1 during February, and March.
When referring to the price in Jackson (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,082. In November This price remains at $1,082. In the following two months the average price has hardly changed with regard to the previous two months from $1,082 to $1,061. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,071.5 to $976 in February and March.