Property prices for sale in Sevierville (Tennessee)
The prices in real estate in Sevierville, in the Tennessee region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Sevierville has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,856. In the following month the price per sq.feet increased considerably to $2,624. The price for the following two months in (December, January) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable increase of 136 % 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 $1,893.25 to $2,572 during February, and March.
Based upon to the price in Sevierville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $742,294. In November This price remains at $741,913. In the following two months the average price has remained the same with regard to the previous two months from $742,103.5 to $762,584.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $752,344 to $695,825 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $658,519 they are 23 % more affordable than the average price for Sevierville. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $725,626.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $3,110 / sq.feet, with an average $3,170 / sq.feet price in Sevierville. The properties with the highest average prices have 3 bedrooms. They are 47 % more expensive than the average followed by properties with 4 bedrooms with a price at $4,194 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $658,519 it is 78 % cheaper than the average price in Sevierville. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $757,768 it is 182 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $305 / sq.feet followed by "Land" priced at $669 / sq.feet. "House" is the cheapest type of property with a $3,069 / sq.feet value followed by "Commercial" with an average price of $1,389 / sq.feet.
