The prices in real estate in Farragut, in the Iowa region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Farragut has fallen in the last 6 months. In March, the average price per sq.feet was $194. In the following month the price per sq.feet increased to $210. In the following two months the price per sq.feet has barely changed, going from $202 to $210 per sq.feet. The price per sq.feet has had a considerable deflation of 52 % 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 $206 to $108 during July, and August.
Based upon to the price in Farragut (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $484,917. In April This price remains at $461,950. In the following two months the average price has remained the same with regard to the previous two months from $473,433.5 to $461,950. During the last two months the average price has had a strong fall compared to the previous four going from $467,691.75 to $206,550, which means a 44 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 3 bedrooms. It is 35 % cheaper than the average price of $267,316 in Farragut. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 38 % cheaper than the average price of ($134 / sq.feet) in Farragut. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 38 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $413,100 it is 35 % cheaper than the average price in Farragut. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $267,316 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $134 / sq.feet followed by "Commercial" priced at $178 / sq.feet. "Commercial" is the cheapest type of property with a $178 / sq.feet value followed by "House" with an average price of $134 / sq.feet.