The prices in real estate in Fairview, in the Tennessee region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Fairview has fallen in the last 6 months. In October, the average price per sq.feet was $270. In the following month the price per sq.feet decreased to $249. In the following two months the price per sq.feet has barely changed, going from $259.5 to $255.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $257.5 to $257.5 during February y March
Based upon to the price in Fairview (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $641,729. In November This price remains at $639,900. During the following two months (December, January) the price has had an average incrementation from $640,814.5 to $681,452.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $661,133.5 and $655,609.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $646,409 they are 72 % more affordable than the average price for Fairview. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $616,989.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $236 / sq.feet, with an average $264 / sq.feet price in Fairview. The properties with the highest average prices have 2 bedrooms. They are 59 % more expensive than the average followed by properties with 1 bedroom with a price at $282 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $646,409 it is 4 % more expensive than the average price in Fairview. "Land" is seen as the second dearest property type. The dearest property type is "Detached House" followed by "Land". At a price of $688,525 it is 23 % 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 $257 / sq.feet followed by "Detached House" priced at $275 / sq.feet. "Land" is the most costly type of property with a $86,405 / sq.feet cost followed by "Detached House" with an average price of $275 / sq.feet.