Property prices for sale in Cookeville (Tennessee)
The prices in real estate in Cookeville, in the Tennessee region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Cookeville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,209. In November this price pretty much remained the same at a value of $1,183 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has increased 106 % 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 $935.25 to $995.5 during February, and March.
Based upon to the price in Cookeville (cities), these have remained the same in the last 6 months. The price in October is $398,323, rising in November till $428,358. In the following two months the average price has remained the same with regard to the previous two months from $413,340.5 to $404,849.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $409,095 to $367,400.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $379,956 they are 47 % more affordable than the average price for Cookeville. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $436,693.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $325 / sq.feet, with an average $1,505 / sq.feet price in Cookeville. The properties with the lowest average prices have 4 bedrooms. They are 25 % cheaper than the average followed by properties with 3 bedrooms with a price at $848 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $379,956 it is 63 % cheaper than the average price in Cookeville. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $239,530 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $124 / sq.feet followed by "Detached House" priced at $134 / sq.feet. "Apartment" is the most costly type of property with a $5,156 / sq.feet cost followed by "House" with an average price of $1,243 / sq.feet.
