The prices in real estate in Mableton, in the Georgia 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 Mableton has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $142. In May this price pretty much remained the same at a value of $146 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $144 to $148.5 per sq.feet. The price per sq.feet has had a considerable deflation of 51 % 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 $146.25 to $74.5 during August, and September.
Based upon to the price in Mableton (cities), this has gone downing the last 6 months. The price in April is $314,489, rising in May till $333,840. During the following two months (June, July) the price has had an average incrementation from $324,164.5 to $345,548.5. During the last two months the average price has had a strong fall compared to the previous four going from $334,856.5 to $166,457.5, which means a 50 % fall.