The prices in real estate in Hickory Valley, in the Tennessee region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Hickory Valley has increased strongly during the last 6 months. In November, the average price per sq.feet was $147. In the following month the price per sq.feet increased to $163. The price for the following two months in (January, February) had a considerable increment of 7659 %. The price per sq.feet has had a considerable deflation of 24 % 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 $6,013.25 to $1,450.5 during March, and April.
Based upon to the price in Hickory Valley (cities), this has fallen considerably in the last 6 months. The average price for November is $833,300. During December the price had a considerable reduction till $708,300. During the following two months (January, February) the average price had a considerable reduction of 35 % 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 120 % during the last two months.