The prices in real estate in Mccomb, in the Mississippi 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 Mccomb has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $2,202. In the following month the price per sq.feet decreased to $1,985. The price for the following two months in (August, September) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 17 % 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 $1,557.5 to $259 during October, and November.
Based upon to the price in Mccomb (cities), this has fallen considerably in the last 6 months. The average price for June is $2,893,207. During July the price had a slight fall till $2,687,541. During the following two months (August, September) the average price had a considerable reduction of 67 % 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 $2,324,804 to $512,301.5, which means a 22 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $233,694 they are 52 % more affordable than the average price for Mccomb. The properties with the lowest average price have 1 bedroom, Their price is 51 % cheaper than the average. After that we have properties with 4 bedrooms priced at $112,869.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $434 / sq.feet, with an average $78 / sq.feet price in Mccomb. The properties with the highest average prices have 1 bedroom. They are 463 % more expensive than the average followed by properties with 4 bedrooms with a price at $434 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $233,694 it is 71 % cheaper than the average price in Mccomb. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $67,530 it is 52 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $35 / sq.feet followed by "House" priced at $434 / sq.feet. "House" is the most costly type of property with a $434 / sq.feet cost followed by "Office" with an average price of $35 / sq.feet.