Property prices for sale in Cumberland Furnace (Tennessee)
The prices in real estate in Cumberland Furnace, 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 Furnace has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,130. In the following month the price per sq.feet decreased considerably to $1,124. The price for the following two months in (December, January) had a considerable decrease of 71 with regard to the prior two months. The price per sq.feet has had a considerable increase of 327 % 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 $1,391 to $4,551.5 during February, and March.
Based upon to the price in Cumberland Furnace (cities), these have remained the same in the last 6 months. The price in October is $422,025, rising in November till $444,582. During the following two months (December, January) the average price fell 90 % 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 114 % during the last two months.
