Property prices for sale in Jefferson City (Tennessee)
The prices in real estate in Jefferson City, 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 Jefferson City has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $735. In the following month the price per sq.feet decreased considerably to $234. The price for the following two months in (December, January) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable increase of 126 % 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 $346 to $435 during February, and March.
Based upon to the price in Jefferson City (cities), this has gone up in the last 6 months. The price in October is $445,668, rising in November till $475,935. During the following two months (December, January) the price has had an average incrementation from $460,801.5 to $513,179. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $533,247 they are 87 % more affordable than the average price for Jefferson City. The properties with the lowest average price have 4 bedrooms, Their price is 26 % cheaper than the average. After that we have properties with 3 bedrooms priced at $371,841.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $77 / sq.feet, with an average $652 / sq.feet price in Jefferson City. The properties with the lowest average prices have 2 bedrooms. They are 67 % cheaper than the average followed by properties with 3 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $533,247 it is 70 % cheaper than the average price in Jefferson City. "Farm" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Farm". At a price of $174,873 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $23 / sq.feet followed by "Apartment" priced at $173 / sq.feet. "House" is the most costly type of property with a $898 / sq.feet cost followed by "Apartment" with an average price of $173 / sq.feet.
