The rent prices in real estate in Pleasant Ridge, 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 Pleasant Ridge has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.24. In November this price barely changed remaining at $2.33 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 22 with regard to the previous two months. The price per sq.feet has had a considerable fall of 72 % 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 $1.39 to $1 during February, and March.
When referring to the price in Pleasant Ridge (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,800. In November This price remains at $2,800. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,711.75 and $2,745.5 between February and March.