The prices in real estate in Brookhaven, in the Mississippi 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 Brookhaven has increased strongly during the last 6 months. In November, the average price per sq.feet was $726. In the following month the price per sq.feet decreased considerably to $208. The price for the following two months in (January, February) had a considerable increment of 246 %. The price per sq.feet has had a considerable increase of 220 % 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 $808.5 to $1,775.5 during March, and April.
Based upon to the price in Brookhaven (cities), these have remained the same in the last 6 months. The average price for November is $191,354. During December the price had a slight fall till $177,960. In the following two months the average price has remained the same with regard to the previous two months from $184,657 to $184,487.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 69 % cheaper than the average price of $68,622 in Brookhaven. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 69 % more affordable than the average aforementioned.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $218,532 it is 69 % cheaper than the average price in Brookhaven. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "". At a price of $68,622 it is 11 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Commercial with an average price of $341 / sq.feet. "Commercial" with an average cost of $341 / sq.feet has the lowest price and would be directed at less affluent cities.