The prices in real estate in Cumberland City, 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 Cumberland City has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,066. In the following month the price per sq.feet increased considerably to $3,562. The price for the following two months in (December, January) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable increase of 128 % 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 $2,238.25 to $2,857.5 during February, and March.
Based upon to the price in Cumberland City (cities), this has gone up in the last 6 months. The price in October is $372,178, rising in November till $404,185. In the following two months the average price has remained the same with regard to the previous two months from $388,181.5 to $398,562. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $393,371.75 and $407,434 between February and March.