The rent prices in real estate in Munford, in the Tennessee 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 Munford has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.31. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 167 % 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 $0.58 to $0.96 during March, and April.
When referring to the price in Munford (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,272. During December the price went through a considerable rise reaching $1,731. During the following two months (January, February) the average price had a considerable rise of 135 % 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 $1,763.25 to $1,443, which means a 82 % fall.