The rent prices in real estate in Orrstown, in the Pennsylvania 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 Orrstown has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.08. In the following month the price per sq.feet fell to $1. In the following two months the price per sq.feet has practically remained the same, going from $1.04 to $1 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 $1.02 to $0.5 during March, and April.
When referring to the price in Orrstown (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,567. In December This price remains at $1,565. In the following two months the average price has hardly changed with regard to the previous two months from $1,566 to $1,565. During the last two months the average price has fallen greatly compared to the previous four going from $1,565.5 to $782.5, which means a 50 % fall.