The rent prices in real estate in Valley City, in the North Dakota 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 Valley City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $12. In the following month the price per sq.feet fell considerably to $7. The price for the following two months in (December, January) had a considerable fall of 53 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $7.25 to $3 during February, and March.
When referring to the price in Valley City (cities), there have hardly been any changes in the last 6 months. The average price for October is $526. During November the price had a slight fall till $490. In the following two months the average price has hardly changed with regard to the previous two months from $508 to $524. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $575 they are 21 % more affordable than the average price for Valley City . The properties with the highest average price have 3 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 2 bedrooms priced at $570.
According to average price per property type in Valley City, "" priced at $592 is 3 % more expensive than the average price ($575) in this city.