The rent prices in real estate in Mount Ephraim, 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 Mount Ephraim has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.44. In the following month the price per sq.feet rose to $1.53. The price for the following two months in (December, January) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has had a considerable fall of 27 % 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 $1.19 to $0.32 during February, and March.
When referring to the price in Mount Ephraim (cities), this has fallen considerably in the last 6 months. The average price for October is $1,698. During November the price had a considerable fall till $1,008. During the following two months (December, January) the price has had an average rise from $1,353 to $1,527.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,440.25 and $1,431 between February and March.