The rent prices in real estate in Mercersburg, in the Pennsylvania 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 Mercersburg has had a strong fall during the last 6 months. In January, the average price per sq.feet was $19. In February this price barely changed remaining at $19 per sq.feet. The price for the following two months in (March, April) had a considerable fall of 16 with regard to the previous two months. The price per sq.feet has had a considerable fall of 18 % 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 $11 to $2 during May, and June.
When referring to the price in Mercersburg (cities), this has fallen considerably in the last 6 months. In our first sample month during January, the average price is $1,284. In February This price remains at $1,284. During the following two months (March, April) the average price had a considerable fall of 70 % 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 90 %, going from $1,089.75 to $978.5 in May and June.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 20 % more expensive than the average price of $1,214 in Mercersburg. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 20 % more expensive than the average aforementioned.
According to average price per property type in Mercersburg, "" priced at $1,214 is 20 % more expensive than the average price ($1,014) in this city.