The rent prices in real estate in Manistee, 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 Manistee has had a strong fall during the last 6 months. In April, the average price per sq.feet was $0.71. In May this price barely changed remaining at $0.71 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.71 to $0.71 per sq.feet. The price per sq.feet has had a considerable fall of 52 % 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 $0.71 to $0.37 during August, and September.
When referring to the price in Manistee (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $568. In May This price remains at $568. In the following two months the average price has hardly changed with regard to the previous two months from $568 to $568. During the last two months the average price has fallen greatly compared to the previous four going from $568 to $285.5, which means a 50 % fall.