Property prices for sale in Michie (Tennessee)
The prices in real estate in Michie, in the Tennessee 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 Michie has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $37,962. In the following month the price per sq.feet decreased considerably to $2,468. The price for the following two months in (January, February) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has increased 107 % 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 $12,531.75 to $13,401 during March, and April.
Based upon to the price in Michie (cities), this has fallen considerably in the last 6 months. The average price for November is $416,950. During December the price had a considerable reduction till $288,144. During the following two months (January, February) the average price had a considerable reduction of 66 % 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 $292,213.25 to $239,247, which means a 82 % fall.
