The prices in real estate in Crossville, 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 Crossville has increased strongly during the last 6 months. In April, the average price per sq.feet was $422. In the following month the price per sq.feet decreased considerably to $350. In the following two months the price per sq.feet has barely changed, going from $386 to $379 per sq.feet. The price per sq.feet has had a considerable increase of 185 % 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 $382.5 to $708 during August, and September.
Based upon to the price in Crossville (cities), this has gone downing the last 6 months. The average price for April is $200,593. During May the price had a slight fall till $188,554. During the following two months (June, July) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $202,029 they are 55 % more affordable than the average price for Crossville. The properties with the highest average price have 4 bedrooms, Their price is 72 % more costly than the average. After that we have properties with 3 bedrooms priced at $237,893.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $130 / sq.feet, with an average $810 / sq.feet price in Crossville. The properties with the highest average prices have 4 bedrooms. They are 74 % more expensive than the average followed by properties with 3 bedrooms with a price at $985 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $202,029 it is 69 % cheaper than the average price in Crossville. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $275,879 it is 312 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $94 / sq.feet followed by "Condo" priced at $137 / sq.feet. "Commercial" is the most costly type of property with a $4,402 / sq.feet cost followed by "House" with an average price of $673 / sq.feet.