The rent prices in real estate in Mine Hill, in the New Jersey 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 Mine Hill has had a strong fall during the last 6 months. In October, the average price per sq.feet was $248. In November this price barely changed remaining at $248 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $248 to $248 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $248 to $123.5 during February, and March.
When referring to the price in Mine Hill (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,223. In November This price remains at $2,223. In the following two months the average price has hardly changed with regard to the previous two months from $2,223 to $2,223. During the last two months the average price has fallen greatly compared to the previous four going from $2,223 to $1,110, which means a 50 % fall.