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 October, the average price per sq.feet was $550. In the following month the price per sq.feet decreased to $510. In the following two months the price per sq.feet has increased 112 %, going from $530 to $594 per sq.feet. The price per sq.feet has had a considerable increase of 691 % 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 $562 to $3,885 during February, and March.
Based upon to the price in College Grove (cities), these have remained the same in the last 6 months. The average price for October is $2,536,069. During November the price had a slight fall till $2,406,665. During the following two months (December, January) the price has had an average incrementation from $2,471,367 to $2,633,542.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $2,617,812 they are 79 % more affordable than the average price for College Grove. The properties with the lowest average price have 1 bedroom, Their price is 77 % cheaper than the average. After that we have properties with 2 bedrooms priced at $555,105.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $119 / sq.feet, with an average $7,148 / sq.feet price in College Grove. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $119 / 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 $555,105, they are 79 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 79 % 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 $120 / sq.feet. "House" with an average cost of $120 / sq.feet has the lowest price and would be directed at less affluent cities.