The prices in real estate in Waverly, 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 Waverly has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $3,565. In the following month the price per sq.feet decreased considerably to $369. The price for the following two months in (May, June) had a considerable increment of 143 %. The price per sq.feet has had a considerable deflation of 54 % 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 $2,388.5 to $1,295 during July, and August.
Based upon to the price in Waverly (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $310,135. During April the price went through a considerable rise reaching $387,279. During the following two months (May, June) the average price fell 85 % 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 gone up 109 % during the last two months.