The rent prices in real estate in Washington, in the Michigan 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 Washington has had a strong fall during the last 6 months. In April, the average price per sq.feet was $19.59. In the following month the price per sq.feet fell considerably to $1.43. The price for the following two months in (June, July) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable rise of 164 % 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 $5.78 to $9.5 during August, and September.
When referring to the price in Washington (cities), this has fallen in the last 6 months. The average price during our first sample month during April, is $2,278. During May the price went through a considerable rise reaching $2,800. During the following two months (June, July) the price has had an average rise from $2,539 to $2,874. During the last two months the average price has fallen greatly compared to the previous four going from $2,706.5 to $679, which means a 25 % fall.