The rent prices in real estate in Springdale, in the Utah 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 Springdale has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.86. In the following month the price per sq.feet fell to $1.69. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 58 % 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 $1.67 to $0.96 during February, and March.
When referring to the price in Springdale (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,543. During November the price went through a considerable rise reaching $1,905. During the following two months (December, January) the price has had an average rise from $1,724 to $1,874.5. 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 $1,799.25 and $1,768.5 between February and March.