The prices in real estate in Counce, 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 Counce has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $165,565. In the following month the price per sq.feet decreased considerably to $24,127. The price for the following two months in (January, February) had a considerable decrease of 37 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $64,813.5 to $59,912 during March, and April.
Based upon to the price in Counce (cities), this has fallen considerably in the last 6 months. The average price for November is $507,873. During December the price had a considerable reduction till $397,215. During the following two months (January, February) the average price fell 89 % 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 $427,856.75 to $340,919, which means a 80 % fall.