Property prices for sale in Forest (Mississippi)
The prices in real estate in Forest, in the Mississippi 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 Forest has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $704. In the following month the price per sq.feet decreased considerably to $466. The price for the following two months in (January, February) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 67 % 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 $457.5 to $305 during March, and April.
Based upon to the price in Forest (cities), this has gone up considerably in the last 6 months. The price in November is $210,076, rising in December till $239,527. During the following two months (January, February) the average price had a considerable increase of 150 % 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 gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $302,739 they are 24 % more affordable than the average price for Forest. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 2 bedrooms priced at $303,311.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $196 / sq.feet price in Forest. The properties with the highest average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at $276 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $302,739 it is 27 % cheaper than the average price in Forest. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $274,966 it is 28 % 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 $133 / sq.feet followed by "Condo" priced at $303 / sq.feet. "Land" is the most costly type of property with a $3,989 / sq.feet cost followed by "Condo" with an average price of $303 / sq.feet.
