Property prices for sale in Savannah (Tennessee)
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 October, the average price per sq.feet was $24,233. In the following month the price per sq.feet decreased considerably to $985. The price for the following two months in (December, January) had a considerable decrease of 4 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 12 % 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 $6,538.25 to $791 during February, and March.
Based upon to the price in Savannah (cities), this has fallen considerably in the last 6 months. The average price for October is $213,585. During November the price had a considerable reduction till $123,659. During the following two months (December, January) the price has had an average incrementation from $168,622 to $191,635.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $180,128.75 and $183,917 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $185,310 they are 4 % more expensive than the average price for Savannah. Following this ranking we find those properties with 2 at an average price of $216,189. The properties with the highest average price have 4 bedrooms, Their price is 164 % more costly than the average. After that we have properties with 3 bedrooms priced at $281,250.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $2,487 / sq.feet, with an average $1,009 / sq.feet price in Savannah. The properties with the highest average prices have 4 bedrooms. They are 7204 % more expensive than the average followed by properties with 3 bedrooms with a price at $57,468 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $185,310 it is 56 % cheaper than the average price in Savannah. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $81,386 it is 82 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $4,798 / sq.feet followed by "House" priced at $29,114 / sq.feet. "House" is the most costly type of property with a $29,114 / sq.feet cost followed by "Land" with an average price of $4,798 / sq.feet.
