The prices in real estate in Mc Ewen, in the Tennessee region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Mc Ewen has increased during the last 6 months. In November, the average price per sq.feet was $200. In the following month the price per sq.feet increased considerably to $246. In the following two months the price per sq.feet has barely changed, going from $223 to $229.5 per sq.feet. The price per sq.feet has had a considerable deflation of 80 % 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 $226.25 to $180.5 during March, and April.
Based upon to the price in Mc Ewen (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $410,031. During December the price went through a considerable rise reaching $491,935. During the following two months (January, February) the average price fell 92 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $433,379.75 to $322,075, which means a 74 % fall.