The prices in real estate in Estill Springs, 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 Estill Springs has increased strongly during the last 6 months. In April, the average price per sq.feet was $323. In the following month the price per sq.feet increased considerably to $3,789. The price for the following two months in (June, July) had a considerable increment of 196 %. The price per sq.feet has had a considerable increase of 159 % 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 $3,045 to $4,855 during August, and September.
Based upon to the price in Estill Springs (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during April, is $328,933. During May the price went through a considerable rise reaching $390,740. During the following two months (June, July) the average price had a considerable reduction of 50 % 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 $269,327.75 to $180,666.5, which means a 67 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 48 % cheaper than the average price of $107,999 in Estill Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($55 / sq.feet) in Estill Springs. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $207,351 it is 48 % cheaper than the average price in Estill Springs. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Apartment". At a price of $107,999 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $48 / sq.feet followed by "Apartment" priced at $55 / sq.feet. "Apartment" is the cheapest type of property with a $55 / sq.feet value followed by "Commercial" with an average price of $48 / sq.feet.