Property prices for sale in Cordova (Tennessee)
The prices in real estate in Cordova, 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 Cordova has increased strongly during the last 6 months. In October, the average price per sq.feet was $261. In the following month the price per sq.feet decreased to $244. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable increase of 9587 % 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 $223 to $21,380 during February, and March.
Based upon to the price in Cordova (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $352,184. In November This price remains at $341,730. In the following two months the average price has remained the same with regard to the previous two months from $346,957 to $350,124.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $360,267 they are 97 % more affordable than the average price for Cordova. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $228,538.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $12 / sq.feet, with an average $24,945 / sq.feet price in Cordova. The properties with the lowest average prices have 4 bedrooms. They are 89 % cheaper than the average followed by properties with 3 bedrooms with a price at $202 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $360,267 it is 42 % cheaper than the average price in Cordova. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $303,448 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $53 / sq.feet followed by "Condo" priced at $59 / sq.feet. "Detached House" is the cheapest type of property with a $10,370 / sq.feet value followed by "House" with an average price of $250 / sq.feet.
