The prices in real estate in Mooresburg, 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 Mooresburg has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $16,278. In the following month the price per sq.feet decreased considerably to $8,799. The price for the following two months in (January, February) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has had a considerable increase of 138 % 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 $11,198.75 to $15,496.5 during March, and April.
Based upon to the price in Mooresburg (cities), this has gone downing the last 6 months. The average price for November is $340,822. During December the price had a considerable reduction till $261,838. During the following two months (January, February) the average price fell 86 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 48 % cheaper than the average price of $264,289 in Mooresburg. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 51 % cheaper than the average price of ($4,845 / sq.feet) in Mooresburg. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 51 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Mooresburg we can see that the cheapest property type is "House" at a price of $264,289, they are 48 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 48 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $4,845 / sq.feet. "House" with an average cost of $4,845 / sq.feet has the lowest price and would be directed at less affluent cities.