The rent prices in real estate in Yachats, in the Oregon 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 Yachats has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1 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 $1 to $0.5 during February, and March.
When referring to the price in Yachats (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,261. In November This price remains at $3,394. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,127 to $2,457.5, which means a 79 % fall.