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 May, the average price per sq.feet was $417. In the following month the price per sq.feet increased to $455. The price for the following two months in (July, August) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 26 % 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 $411.75 to $107 during September, and October.
Based upon to the price in Kodak (cities), these have remained the same in the last 6 months. The average price during our first sample month during May, is $268,550. During June the price went through a considerable rise reaching $326,675. During the following two months (July, August) the price has had an average incrementation from $297,612.5 to $334,446. During the last two months the average price has had a strong fall compared to the previous four going from $316,029.25 to $204,271, which means a 65 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 34 % cheaper than the average price of $141,273 in Kodak. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % more costly than the average price of ($153 / 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 42 % 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 $141,273, they are 34 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 34 % 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 $153 / sq.feet. "House" at an average price of $153 / sq.feet has the most expensive price and would be directed at more affluent cities.