Property prices for sale in Cumberland Gap (Tennessee)
The prices in real estate in Cumberland Gap, 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 Gap has increased strongly during the last 6 months. In November, the average price per sq.feet was $192. In December this price pretty much remained the same at a value of $197 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 1618 %. The price per sq.feet has had a considerable increase of 281 % 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 $1,671 to $4,698 during March, and April.
Based upon to the price in Cumberland Gap (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $163,150. During December the price went through a considerable rise reaching $204,997. During the following two months (January, February) the average price had a considerable increase of 159 % 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 risen strongly 123 % during the last two months.
