The rent prices in real estate in Southbury, in the Connecticut 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 Southbury has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.59. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (June, July) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable fall of 44 % 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 $1.15 to $0.5 during August, and September.
When referring to the price in Southbury (cities), this has fallen considerably in the last 6 months. The average price for April is $1,732. During May the price had a slight fall till $1,597. During the following two months (June, July) the average price fell 94 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,617.25 to $736.5, which means a 46 % fall.