The rent prices in real estate in Springhill, in the Louisiana 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 Springhill has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.06. In December this price barely changed remaining at $1.05 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.05 to $1.06 per sq.feet. The price per sq.feet has had a considerable fall of 47 % 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 $1.06 to $0.5 during March, and April.
When referring to the price in Springhill (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,069. In December This price remains at $1,043. In the following two months the average price has hardly changed with regard to the previous two months from $1,056 to $1,068. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 154 % during the last two months.