The prices in real estate in College Grove, 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 College Grove has increased strongly during the last 6 months. In May, the average price per sq.feet was $182. In the following month the price per sq.feet increased to $205. In the following two months the price per sq.feet has barely changed, going from $193.5 to $202 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $197.75 to $235 during September, and October.
Based upon to the price in College Grove (cities), this has gone up in the last 6 months. The price in May is $713,427, rising in June till $764,747. In the following two months the average price has remained the same with regard to the previous two months from $739,087 to $707,399.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $797,315 they are 27 % more affordable than the average price for College Grove. The properties with the lowest average price have 1 bedroom, Their price is 23 % cheaper than the average. After that we have properties with 2 bedrooms priced at $578,371.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $160 / sq.feet, with an average $221 / sq.feet price in College Grove. The properties with the lowest average prices have 2 bedrooms. They are 27 % cheaper than the average followed by properties with 1 bedroom with a price at $160 / sq.feet.
With regard to the average price based upon the property in College Grove we can see that the cheapest property type is "House" at a price of $578,371, they are 27 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 27 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $161 / sq.feet. "House" with an average cost of $161 / sq.feet has the lowest price and would be directed at less affluent cities.