The rent prices in real estate in Olive Branch, in the Mississippi 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 Olive Branch has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.12. In May this price barely changed remaining at $1.09 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.11 to $1.09 per sq.feet. The price per sq.feet has had a considerable fall of 49 % 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 $1.1 to $0.54 during August, and September.
When referring to the price in Olive Branch (cities), this has fallen considerably in the last 6 months. The rent price in April is $1,898, rising in May till $1,993. In the following two months the average price has hardly changed with regard to the previous two months from $1,945.5 to $1,970. During the last two months the average price has fallen greatly compared to the previous four going from $1,957.75 to $954.5, which means a 49 % fall.