The rent prices in real estate in Myakka City, in the Florida 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 Myakka City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $70.3. In the following month the price per sq.feet fell considerably to $22. The price for the following two months in (December, January) had a considerable fall of 24 with regard to the previous two months. The price per sq.feet has had a considerable rise of 227 % 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 $28.58 to $64.83 during February, and March.
When referring to the price in Myakka City (cities), this has fallen considerably in the last 6 months. The average price for October is $5,648. During November the price had a considerable fall till $1,657. During the following two months (December, January) the average price had a considerable fall of 73 % 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 130 % during the last two months.