The prices in real estate in North Tazewell, in the Virginia 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 North Tazewell has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,621. In the following month the price per sq.feet decreased considerably to $96. The price for the following two months in (January, February) had a considerable increment of 279 %. The price per sq.feet has had a considerable deflation of 59 % 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 $1,626.25 to $957 during March, and April.
Based upon to the price in North Tazewell (cities), this has gone up in the last 6 months. The price in November is $115,429, rising in December till $128,145. In the following two months the average price has remained the same with regard to the previous two months from $121,787 to $124,295.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.