The rent prices in real estate in Tazewell, 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 Tazewell has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.25. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (May, June) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 47 % 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 $1.06 to $0.5 during July, and August.
When referring to the price in Tazewell (cities), this has fallen in the last 6 months. The average price for March is $956. During April the price had a slight fall till $854. In the following two months the average price has hardly changed with regard to the previous two months from $905 to $883.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $894.25 to $786.5 in July and August.