The rent prices in real estate in Oscoda, 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 Oscoda has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.13. In the following month the price per sq.feet rose considerably to $2. The price for the following two months in (December, January) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $1.28 to during February, and March.
When referring to the price in Oscoda (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,175. During November the price went through a considerable rise reaching $2,576. In the following two months the average price has hardly changed with regard to the previous two months from $1,875.5 to $1,947.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,911.5 to $957, which means a 50 % fall.