Property prices for sale in Mendenhall (Mississippi)
The prices in real estate in Mendenhall, in the Mississippi region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Mendenhall has increased strongly during the last 6 months. In November, the average price per sq.feet was $110. In the following month the price per sq.feet decreased to $95. The price for the following two months in (January, February) had a considerable increment of 1880 %. The price per sq.feet has had a considerable increase of 335 % 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 $1,015 to $3,397.5 during March, and April.
Based upon to the price in Mendenhall (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $233,250. In December This price remains at $237,164. 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 $225,349.25 to $170,711, which means a 76 % fall.
