The prices in real estate in Savannah, 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 Savannah has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $2,978. In the following month the price per sq.feet decreased considerably to $424. The price for the following two months in (April, May) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 29 % 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 $1,137 to $332 during June, and July.
Based upon to the price in Savannah (cities), this has gone up considerably in the last 6 months. The average price for February is $288,700. During March the price had a considerable reduction till $218,875. During the following two months (April, May) the average price had a considerable increase of 185 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $361,438.75 to $324,136.5 in June and July.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 50 % cheaper than the average price of $155,732 in Savannah. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1118 % more costly than the average price of ($4,654 / sq.feet) in Savannah. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1118 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Savannah we can see that the cheapest property type is "House" at a price of $155,732, they are 50 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 50 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $4,654 / sq.feet. "House" at an average price of $4,654 / sq.feet has the most expensive price and would be directed at more affluent cities.