Property prices for rent in Red Springs (North Carolina)
The rent prices in real estate in Red Springs, in the North Carolina 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 Red Springs has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.98. In December this price barely changed remaining at $0.98 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $0.98 to $1.05 per sq.feet. The price per sq.feet has had a considerable fall of 48 % 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 $1.01 to $0.49 during March, and April.
When referring to the price in Red Springs (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,300. In December This price remains at $1,300. In the following two months the average price has hardly changed with regard to the previous two months from $1,300 to $1,265. During the last two months the average price has fallen greatly compared to the previous four going from $1,282.5 to $1,080.5, which means a 84 % fall.
