Property prices for sale in Bloomington Springs (Tennessee)
The prices in real estate in Bloomington Springs, 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 Bloomington Springs has increased strongly during the last 6 months. In November, the average price per sq.feet was $147. In the following month the price per sq.feet increased considerably to $15,141. In the following two months the price per sq.feet has barely changed, going from $7,644 to $7,666.5 per sq.feet. The price per sq.feet has had a considerable increase of 118 % 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 $7,655.25 to $9,037.5 during March, and April.
Based upon to the price in Bloomington Springs (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $272,950. In December This price remains at $260,367. During the following two months (January, February) the price has had an average incrementation from $266,658.5 to $305,115. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % 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 $433,323 they are 64 % more affordable than the average price for Bloomington Springs. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $307,267.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $539 / sq.feet price in Bloomington Springs. The properties with the lowest average prices have 1 bedroom. They are 62 % cheaper than the average followed by properties with 2 bedrooms with a price at $200 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $433,323 it is 61 % cheaper than the average price in Bloomington Springs. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $167,146 it is 19 % 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 $167 / sq.feet followed by "House" priced at $184 / sq.feet. "House" is the cheapest type of property with a $184 / sq.feet value followed by "Apartment" with an average price of $167 / sq.feet.
