The prices in real estate in Farragut, in the Iowa 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 Farragut has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $170. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (May, June) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 500 % 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 $42.5 to $212.5 during July, and August.
Based upon to the price in Farragut (cities), this has fallen considerably in the last 6 months. The average price for March is $537,561. During April the price had a considerable reduction till . During the following two months (May, June) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 294 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 3 bedrooms. It is 14 % cheaper than the average price of $270,280 in Farragut. Based on the bedrooms values, properties with the lowest prices are those with 3 bedrooms. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 33 % cheaper than the average price of ($145 / 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 33 % 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 $313,900 it is 14 % cheaper than the average price in Farragut. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $270,280 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $145 / sq.feet followed by "Commercial" priced at $189 / sq.feet. "Commercial" is the cheapest type of property with a $189 / sq.feet value followed by "House" with an average price of $145 / sq.feet.