The prices in real estate in Tallassee, 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 Tallassee has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $31,768. In the following month the price per sq.feet decreased considerably to $4,547. 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 192 % 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 $10,561 to $20,229.5 during February, and March.
Based upon to the price in Tallassee (cities), this has gone up in the last 6 months. The price in October is $664,219, rising in November till $760,633. During the following two months (December, January) the average price had a considerable increase of 122 % 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 $792,268.25 to $560,424.5, which means a 71 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 54 % cheaper than the average price of $233,333 in Tallassee. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 54 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($242 / sq.feet) in Tallassee. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.