The rent prices in real estate in Midway, in the Utah 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 Midway has had a strong fall during the last 6 months. In June, the average price per sq.feet was $39.1. In the following month the price per sq.feet rose considerably to $63.58. The price for the following two months in (August, September) had a considerable fall of 31 with regard to the previous two months. The price per sq.feet has had a considerable fall of 5 % 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 $33.62 to $1.72 during October, and November.
When referring to the price in Midway (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during June, is $2,244. During July the price went through a considerable rise reaching $3,119. During the following two months (August, September) the average price had a considerable fall of 75 % 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 $2,350 to $1,805, which means a 77 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 7 % more expensive than the average price of $2,561 in Midway. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 7 % more expensive than the average aforementioned.
According to average price per property type in Midway, "" priced at $2,561 is 7 % more expensive than the average price ($2,385) in this city.