The prices in real estate in Greenville, 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 Greenville has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,592. In the following month the price per sq.feet decreased considerably to $846. The price for the following two months in (May, June) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable increase of 139 % 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 $1,059.75 to $1,474 during July, and August.
Based upon to the price in Greenville (cities), this has fallen considerably in the last 6 months. The average price for March is $884,340. During April the price had a considerable reduction till $157,798. During the following two months (May, June) the price has had an average incrementation from $521,069 to $555,000. Based on an analysis of the first four prices and the last two months the average price has risen strongly 203 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $1,338,475 they are 96 % more affordable than the average price for Greenville. The properties with the lowest average price have 1 bedroom, Their price is 89 % cheaper than the average. After that we have properties with 2 bedrooms priced at $144,465.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $26 / sq.feet, with an average $1,589 / sq.feet price in Greenville. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $45 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,338,475 it is 95 % cheaper than the average price in Greenville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $68,593 it is 89 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $16 / sq.feet followed by "House" priced at $38 / sq.feet. "House" is the cheapest type of property with a $38 / sq.feet value followed by "Apartment" with an average price of $16 / sq.feet.