The rent prices in real estate in Ringwood, in the New Jersey 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 Ringwood has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1. In December this price barely changed remaining at $1 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 0 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 $0.5 to during March, and April.
When referring to the price in Ringwood (cities), there have hardly been any changes in the last 6 months. The average price for November is $3,512. During December the price had a slight fall till $3,192. In the following two months the average price has hardly changed with regard to the previous two months from $3,352 to $3,508. 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 $3,430 and $3,508 between March and April.