The rent prices in real estate in Olympia Fields, in the Illinois 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 Olympia Fields has had a strong fall during the last 6 months. In February, the average price per sq.feet was $35. In the following month the price per sq.feet fell considerably to $26. In the following two months the price per sq.feet has practically remained the same, going from $30.5 to $30 per sq.feet. The price per sq.feet has had a considerable fall of 56 % 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 $30.25 to $17 during June, and July.
When referring to the price in Olympia Fields (cities), this has fallen considerably in the last 6 months. The rent price in February is $1,909, rising in March till $2,019. In the following two months the average price has hardly changed with regard to the previous two months from $1,964 to $1,963. During the last two months the average price has fallen greatly compared to the previous four going from $1,963.5 to $953.5, which means a 49 % fall.