Property prices for sale in Tennessee region
The average price in the Tennessee region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Tennessee has remained stagnant in the last 6 months. During October, the average price per sq.feet was $262. The following month (November) the price increased to $286 per sq.feet. The following two months (December, January) there has been a deflation of 89 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has increased 105 %. This has been obtained by comparing the price $259.5 for the first four months of the sample with regard to the previous 4 months and the price $273 per sq.feet for the last two months (February, March).
Based upon to the price in Tennessee(region), this has increased in the last 6 months. The average price in October is $475,030. In November the price increased to $503,838. In the following two months the average price didn't change much compared to the previous two going from $489,434 to $499,566. During the last two months the average price has remained stagnant and has gone from $494,500 to $496,794.5 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 18 % more affordable than the average price in Tennessee followed by those with 1 with an average price of $407,820. The most costly properties have 4 bedrooms. They are 20 % more expensive than the average followed by those properties with 3 bedrooms priced at $428,559.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $263 / sq.feet being $298 / sq.feet the average value within the Tennessee region. The properties with the most expensive average price are those with 1 bedroom. These are 86 % more costly than the average followed by those with 2 bedrooms with a price of $473 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $473,579 it is 81 % more affordable than the average in Tennessee. This is followed by "Townhouse" with a price of $358,249. The dearest property type is "House" and is 15 % more expensive than the average, followed by "Commercial" with a cost of $515,134.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $202 / sq.feet, followed by "Apartment" with a price of $219 / sq.feet. "Land" with an average price of $764 / sq.feet is the most costly type of property followed by "Condo" at a price of $330 / sq.feet.
