The rent prices in real estate in Lapel, in the Indiana 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 Lapel has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.42. In December this price barely changed remaining at $1.39 per sq.feet. The price for the following two months in (January, February) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $1.34 to during March, and April.
When referring to the price in Lapel (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $2,500. In December This price remains at $2,450. During the following two months (January, February) the average price had a considerable fall of 81 % 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 $2,241.25 to $949.5, which means a 42 % fall.