The rent prices in real estate in Richards, in the Texas 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 Richards has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.5. In November this price barely changed remaining at $1.5 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $0.75 to $0.5 during February, and March.
When referring to the price in Richards (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,133. In November This price remains at $1,133. During the following two months (December, January) the price has had an average rise from $1,133 to $1,209.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,171.25 to $1,108 in February and March.