The prices in real estate in Indian Mound, in the Tennessee 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 Indian Mound has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,686. In December this price pretty much remained the same at a value of $6,638 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $5,958.75 to $5,443.5 during March, and April.
Based upon to the price in Indian Mound (cities), this has gone downing the last 6 months. The average price for November is $428,866. During December the price had a considerable reduction till $335,457. In the following two months the average price has remained the same with regard to the previous two months from $382,161.5 to $379,323. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $380,742.25 and $380,395.5 between March and April.