The prices in real estate in Marietta, 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 Marietta has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $166. In May this price pretty much remained the same at a value of $169 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $167.5 to $169.5 per sq.feet. The price per sq.feet has had a considerable deflation of 48 % 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 $168.5 to $81 during August, and September.
Based upon to the price in Marietta (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $451,049. In May This price remains at $430,207. In the following two months the average price has remained the same with regard to the previous two months from $440,628 to $430,700. During the last two months the average price has had a strong fall compared to the previous four going from $435,664 to $202,033.5, which means a 46 % fall.