The prices in real estate in Sunbright, 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 Sunbright has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,563. In the following month the price per sq.feet decreased considerably to $1,005. The price for the following two months in (December, January) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable increase of 319 % 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 $1,031.75 to $3,287 during February, and March.
Based upon to the price in Sunbright (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $399,535. During November the price went through a considerable rise reaching $471,620. During the following two months (December, January) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $481,381.75 to $306,228, which means a 64 % fall.