The prices in real estate in Allons, in the Tennessee region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Allons has increased strongly during the last 6 months. In November, the average price per sq.feet was $732. In the following month the price per sq.feet increased considerably to $1,002. The price for the following two months in (January, February) had a considerable increment of 667 %. The price per sq.feet has had a considerable increase of 342 % 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 $3,324.5 to $11,381.5 during March, and April.
Based upon to the price in Allons (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $434,832. In December This price remains at $449,556. During the following two months (January, February) the average price had a considerable reduction of 76 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $388,865.5 to $245,413.5, which means a 63 % fall.