The rent prices in real estate in Mc Donough, in the New York 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 Mc Donough has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.1. In December this price barely changed remaining at $1.09 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 62 with regard to the previous two months. The price per sq.feet has had a considerable fall of 56 % 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 $0.89 to $0.5 during March, and April.
When referring to the price in Mc Donough (cities), this has risen in the last 6 months. The average price during our first sample month during November, is $2,117. During December the price went through a considerable rise reaching $2,592. During the following two months (January, February) the price has had an average rise from $2,354.5 to $2,473.5. During the last two months the average price has fallen greatly compared to the previous four going from $2,414 to $1,972.5, which means a 82 % fall.