The rent prices in real estate in Roan Mountain, in the Tennessee 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 Roan Mountain has had a strong fall during the last 6 months. In August, the average price per sq.feet was $13. In September this price barely changed remaining at $13 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $13 to $13 per sq.feet. The price per sq.feet has had a considerable fall of 46 % 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 $13 to $6 during December, and January.
When referring to the price in Roan Mountain (cities), this has fallen considerably in the last 6 months. In our first sample month during August, the average price is $713. In September This price remains at $713. In the following two months the average price has hardly changed with regard to the previous two months from $713 to $713. During the last two months the average price has fallen greatly compared to the previous four going from $713 to $356, which means a 50 % fall.