Property prices for rent in Mackinaw City (Michigan)
The rent prices in real estate in Mackinaw City, in the Michigan 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 Mackinaw City has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.02. In December this price barely changed remaining at $1.07 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.04 to $1.03 per sq.feet. The price per sq.feet has had a considerable fall of 48 % 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 $1.04 to $0.5 during March, and April.
When referring to the price in Mackinaw City (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $684. In December This price remains at $715. In the following two months the average price has hardly changed with regard to the previous two months from $699.5 to $706.5. During the last two months the average price has fallen greatly compared to the previous four going from $703 to $349, which means a 50 % fall.
