The prices in real estate in Taft, in the Tennessee region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Taft has increased strongly during the last 6 months. In October, the average price per sq.feet was $838. In the following month the price per sq.feet decreased considerably to $171. The price for the following two months in (December, January) had a considerable increment of 404 %. The price per sq.feet has had a considerable deflation of 69 % 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 $1,270.5 to $870.5 during February, and March.
Based upon to the price in Taft (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $468,731. In November This price remains at $464,117. During the following two months (December, January) the average price had a considerable reduction of 82 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.