The rent prices in real estate in Wixom, 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 Wixom has had a strong fall during the last 6 months. In July, the average price per sq.feet was $1. In August this price barely changed remaining at $1 per sq.feet. The price for the following two months in (September, October) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.5 to during November, and December.
When referring to the price in Wixom (cities), there have hardly been any changes in the last 6 months. The rent price in July is $843, rising in August till $932. During the following two months (September, October) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $834.25 and $825.5 between November and December.
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 $870 they are 11 % more affordable than the average price for Wixom . The properties with the lowest average price have 4 bedrooms, Their price is 4 % more affordable than the average. After that we have properties with 1 bedroom priced at $774.
According to average price per property type in Wixom, "" priced at $834 is 4 % lower than the average price ($870) in this city.