The prices in real estate in Tazewell, in the Virginia 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 Tazewell has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $181. In the following month the price per sq.feet decreased considerably to $144. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has had a considerable deflation of 0 % 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 $190 to during February, and March.
Based upon to the price in Tazewell (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $327,176. In November This price remains at $341,836. During the following two months (December, January) the average price had a considerable increase of 123 % 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 $373,110.5 to , which means a 0 % fall.