The rent prices in real estate in Monahans, in the Texas region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Monahans has fallen during the last 6 months. In October, the average price per sq.feet was $1.73. In the following month the price per sq.feet fell to $1.64. The price for the following two months in (December, January) fell 95 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.64 to $1.5 during February, and March.
When referring to the price in Monahans (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $2,770. In November This price remains at $2,783. During the following two months (December, January) the average price had a considerable rise of 123 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 136 % during the last two months.