The prices in real estate in Cuthbert, in the Georgia 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 Cuthbert has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $300. In the following month the price per sq.feet decreased to $278. The price for the following two months in (January, February) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 29 % 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 $184.25 to $53 during March, and April.
Based upon to the price in Cuthbert (cities), this has fallen considerably in the last 6 months. The average price for November is $177,508. During December the price had a slight fall till $160,777. In the following two months the average price has remained the same with regard to the previous two months from $169,142.5 to $162,488.5. During the last two months the average price has had a strong fall compared to the previous four going from $165,815.5 to $116,709, which means a 70 % fall.