The rent prices in real estate in Voluntown, 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 Voluntown has had a strong fall during the last 6 months. In March, the average price per sq.feet was $63. In April this price barely changed remaining at $63 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $63 to $63 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $63 to $31.5 during July, and August.
When referring to the price in Voluntown (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $1,049. In April This price remains at $1,049. In the following two months the average price has hardly changed with regard to the previous two months from $1,049 to $1,049. During the last two months the average price has fallen greatly compared to the previous four going from $1,049 to $524.5, which means a 50 % fall.