The prices in real estate in Moss Point, 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 Moss Point has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $278. In the following month the price per sq.feet decreased considerably to $189. The price for the following two months in (August, September) had a considerable decrease of 38 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $161.25 to $81 during October, and November.
Based upon to the price in Moss Point (cities), this has gone downing the last 6 months. In our first sample month during June, the average price is $212,600. In July This price remains at $206,542. During the following two months (August, September) the price has had an average incrementation from $209,571 to $220,619.5. During the last two months the average price has had a strong fall compared to the previous four going from $215,095.25 to $135,070, which means a 63 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $121,661 they are 46 % more affordable than the average price for Moss Point. The properties with the highest average price have 1 bedroom, Their price is 200 % more costly than the average. After that we have properties with 2 bedrooms priced at $66,303.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $27 / sq.feet, with an average $79 / sq.feet price in Moss Point. The properties with the highest average prices have 1 bedroom. They are 1001 % more expensive than the average followed by properties with 2 bedrooms with a price at $27 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $121,661 it is 52 % cheaper than the average price in Moss Point. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $57,950 it is 46 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $14 / sq.feet followed by "House" priced at $27 / sq.feet. "House" is the cheapest type of property with a $27 / sq.feet value followed by "Condo" with an average price of $14 / sq.feet.