The prices in real estate in Alcoa, in the Tennessee region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Alcoa has remained the same in the last 6 months. In September, the average price per sq.feet was $226. In October this price pretty much remained the same at a value of $233 per sq.feet. The price for the following two months in (November, December) decreased 95 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $223.5 to $220.5 during January y February
Based upon to the price in Alcoa (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $563,775. In October This price remains at $537,936. In the following two months the average price has remained the same with regard to the previous two months from $550,855.5 to $554,488. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $552,671.75 to $475,216 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $507,199 they are 75 % more affordable than the average price for Alcoa. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $386,062.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $94 / sq.feet, with an average $233 / sq.feet price in Alcoa. The properties with the lowest average prices have 2 bedrooms. They are 39 % cheaper than the average followed by properties with 3 bedrooms with a price at $118 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $507,199 it is 54 % cheaper than the average price in Alcoa. "House" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Townhouse". At a price of $390,468 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $35 / sq.feet followed by "Commercial Property" priced at $78 / sq.feet. "House" is the cheapest type of property with a $117 / sq.feet value followed by "Duplex" with an average price of $88 / sq.feet.