The rent prices in real estate in Moab, in the Utah region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Moab has risen strongly during the last 6 months. In November, the average price per sq.feet was $3. In December this price barely changed remaining at $3 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 132 %. The price per sq.feet has had a considerable rise of 121 % 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 $3.48 to $4.2 during March, and April.
When referring to the price in Moab (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during November, is $3,996. During December the price went through a considerable rise reaching $4,995. During the following two months (January, February) the average price had a considerable fall of 81 % 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 86 %, going from $4,079.5 to $3,499.5 in March and April.