The prices in real estate in Burlison, in the Tennessee region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Burlison has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $56,275. In the following month the price per sq.feet decreased to $53,407. The price for the following two months in (January, February) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $44,083.5 to $21,921.5 during March, and April.
Based upon to the price in Burlison (cities), this has gone downing the last 6 months. The average price for November is $413,750. During December the price had a considerable reduction till $351,044. During the following two months (January, February) the price has had an average incrementation from $382,397 to $409,918.5. During the last two months the average price has had a strong fall compared to the previous four going from $396,157.75 to $294,975, which means a 74 % fall.