The rent prices in real estate in Martin, in the Kentucky 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 Martin has had a strong fall during the last 6 months. In September, the average price per sq.feet was $650. In October this price barely changed remaining at $649 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $487 to $324.5 during January, and February.
When referring to the price in Martin (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $1,006. In October This price remains at $1,004. During the following two months (November, December) the average price had a considerable fall of 50 % 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 $753.5 to $502, which means a 67 % fall.