The prices in real estate in Kodak, 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 Kodak has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,665. In the following month the price per sq.feet decreased considerably to $702. The price for the following two months in (May, June) had a considerable increment of 151 %. The price per sq.feet has had a considerable deflation of 8 % 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 $1,487.5 to $121.5 during July, and August.
Based upon to the price in Kodak (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $267,266. In April This price remains at $269,137. In the following two months the average price has remained the same with regard to the previous two months from $268,201.5 to $261,033.5. 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 $264,617.5 and $268,252.5 between July and August.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 49 % cheaper than the average price of $139,861 in Kodak. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 49 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 18 % more costly than the average price of ($143 / sq.feet) in Kodak. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 18 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Kodak we can see that the cheapest property type is "House" at a price of $139,861, they are 49 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 49 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $143 / sq.feet. "House" at an average price of $143 / sq.feet has the most expensive price and would be directed at more affluent cities.