The rent prices in real estate in Waterman, in the Illinois 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 Waterman has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.44. In December this price barely changed remaining at $1.44 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.08 to $1 during March, and April.
When referring to the price in Waterman (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,725. In December This price remains at $2,725. In the following two months the average price has hardly changed with regard to the previous two months from $2,725 to $2,684.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,704.75 to $2,476 in March and April.