The rent prices in real estate in Oakland, in the Michigan 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 Oakland has had a strong fall during the last 6 months. In December, the average price per sq.feet was $1.05. In the following month the price per sq.feet fell considerably to . The price for the following two months in (February, March) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 190 % 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 $0.26 to $0.5 during April, and May.
When referring to the price in Oakland (cities), this has fallen considerably in the last 6 months. The average price for December is $3,633. During January the price had a considerable fall till $2,712. In the following two months the average price has hardly changed with regard to the previous two months from $3,172.5 to $3,157.5. During the last two months the average price has fallen greatly compared to the previous four going from $3,165 to $1,814.5, which means a 57 % fall.