The prices in real estate in Tignall, in the Georgia 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 Tignall has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $16,293. In the following month the price per sq.feet decreased considerably to $12,581. In the following two months the price per sq.feet has increased 114 %, going from $14,437 to $16,493 per sq.feet. The price per sq.feet has had a considerable deflation of 47 % 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 $15,465 to $7,281 during March, and April.
Based upon to the price in Tignall (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $208,895. In December This price remains at $212,125. In the following two months the average price has remained the same with regard to the previous two months from $210,510 to $201,159.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.