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 January, the average price per sq.feet was $11,076. In February this price pretty much remained the same at a value of $11,043 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $11,059.5 to $11,402 per sq.feet. The price per sq.feet has had a considerable increase of 165 % 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 $11,230.75 to $18,476.5 during May, and June.
Based upon to the price in Estill Springs (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $141,225. During February the price went through a considerable rise reaching $199,425. During the following two months (March, April) the average price had a considerable increase of 215 % 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 154 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 68 % cheaper than the average price of $107,027 in Estill Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 68 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($46 / 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 100 % 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 $331,178 it is 68 % 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 $107,027 it is 65 % 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 $39 / sq.feet followed by "Apartment" priced at $46 / sq.feet. "Apartment" is the cheapest type of property with a $46 / sq.feet value followed by "Commercial" with an average price of $39 / sq.feet.