The rent prices in real estate in Madrid, in the Iowa 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 Madrid has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.92. In the following month the price per sq.feet rose to $0.98. The price for the following two months in (December, January) had a considerable fall of 53 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 $0.73 to during February, and March.
When referring to the price in Madrid (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $980. During November the price went through a considerable rise reaching $1,689. During the following two months (December, January) the average price had a considerable rise of 117 % with regard to the previous two months. 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 $1,446.5 to $1,321 in February and March.