The rent prices in real estate in Madisonville, in the Louisiana 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 Madisonville has had a strong fall during the last 6 months. In April, the average price per sq.feet was $100.52. In the following month the price per sq.feet fell considerably to $45. The price for the following two months in (June, July) had a considerable fall of 1 with regard to the previous two months. The price per sq.feet has had a considerable fall of 68 % 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 $36.67 to $25 during August, and September.
When referring to the price in Madisonville (cities), this has fallen considerably in the last 6 months. The average price for April is $3,675. During May the price had a considerable fall till $2,232. During the following two months (June, July) the average price had a considerable fall of 73 % 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 $2,549.75 to $1,067.5, which means a 42 % fall.