The rent prices in real estate in Zeeland, 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 Zeeland has had a strong fall during the last 6 months. In July, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.85. 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 $0.71 to during November, and December.
When referring to the price in Zeeland (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $1,659. During August the price went through a considerable rise reaching $13,576. During the following two months (September, October) the average price had a considerable fall of 20 % 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 $4,554.25 to $1,585, which means a 35 % fall.
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 $1,680 they are 12 % more affordable than the average price for Zeeland . The properties with the lowest average price have 2 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,476.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,680 it is 16 % more affordable than the average price in Zeeland. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Condo". At a price of $1,407 it is 2 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $17 / sq.feet. "Condo" at an average price of $17 / sq.feet has the highest price and would be directed at more affluent cities.