Property prices for sale in Etowah (Tennessee)
The prices in real estate in Etowah, in the Tennessee region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Etowah has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,139. In the following month the price per sq.feet decreased considerably to $157. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable increase of 186 % 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 $403.75 to $750.5 during February, and March.
Based upon to the price in Etowah (cities), this has gone up in the last 6 months. The price in October is $210,010, rising in November till $231,293. In the following two months the average price has remained the same with regard to the previous two months from $220,651.5 to $229,798. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $236,491 they are 58 % more affordable than the average price for Etowah. The properties with the highest average price have 4 bedrooms, Their price is 78 % more costly than the average. After that we have properties with 3 bedrooms priced at $276,320.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $80 / sq.feet, with an average $1,107 / sq.feet price in Etowah. The properties with the lowest average prices have 3 bedrooms. They are 85 % cheaper than the average followed by properties with 2 bedrooms with a price at $162 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $236,491 it is 39 % cheaper than the average price in Etowah. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $145,209 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $160 / sq.feet followed by "Land" priced at $39,429 / sq.feet. "Land" is the most costly type of property with a $39,429 / sq.feet cost followed by "House" with an average price of $160 / sq.feet.
