Property prices for sale in Dandridge (Tennessee)
The prices in real estate in Dandridge, 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 Dandridge has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,099. In the following month the price per sq.feet decreased to $999. In the following two months the price per sq.feet has increased 110 %, going from $1,049 to $1,152 per sq.feet. The price per sq.feet has had a considerable increase of 147 % 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 $1,100.5 to $1,616.5 during March, and April.
Based upon to the price in Dandridge (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $460,514. During December the price went through a considerable rise reaching $556,976. During the following two months (January, February) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $466,994 to $388,187, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $397,373 they are 10 % more expensive than the average price for Dandridge. Following this ranking we find those properties with 3 at an average price of $553,051. The properties with the highest average price have 4 bedrooms, Their price is 89 % more costly than the average. After that we have properties with 1 bedroom priced at $578,675.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $311 / sq.feet, with an average $1,607 / sq.feet price in Dandridge. The properties with the highest average prices have 1 bedroom. They are 195 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,292 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $397,373 it is 58 % cheaper than the average price in Dandridge. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $550,281 it is 105 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $325 / sq.feet followed by "House" priced at $1,414 / sq.feet. "Land" is the most costly type of property with a $10,451 / sq.feet cost followed by "Commercial" with an average price of $7,694 / sq.feet.
