The rent prices in real estate in Long Branch, in the New Jersey 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 Long Branch has had a strong fall during the last 6 months. In April, the average price per sq.feet was $5.7. In the following month the price per sq.feet fell considerably to $3.59. The price for the following two months in (June, July) had a considerable fall of 79 with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $4.15 to $1.5 during August, and September.
When referring to the price in Long Branch (cities), this has fallen considerably in the last 6 months. The average price for April is $8,382. During May the price had a considerable fall till $4,273. During the following two months (June, July) the average price had a considerable fall of 69 % 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 $5,353.5 to $1,594.5, which means a 30 % fall.