Property prices for sale in Friendsville (Tennessee)
The prices in real estate in Friendsville, 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 Friendsville has increased strongly during the last 6 months. In October, the average price per sq.feet was $654. In the following month the price per sq.feet increased to $704. The price for the following two months in (December, January) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable increase of 316 % 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 $477.25 to $1,508.5 during February, and March.
Based upon to the price in Friendsville (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $676,251. In November This price remains at $653,153. In the following two months the average price has remained the same with regard to the previous two months from $664,702 to $638,252. Based on an analysis of the first four prices and the last two months the average price has risen strongly 153 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,062,563 they are 47 % more affordable than the average price for Friendsville. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 1 bedroom priced at $1,393,605.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $258 / sq.feet, with an average $2,662 / sq.feet price in Friendsville. The properties with the lowest average prices have 1 bedroom. They are 47 % cheaper than the average followed by properties with 4 bedrooms with a price at $339 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $1,062,563 it is 81 % cheaper than the average price in Friendsville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $203,909 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $57 / sq.feet followed by "House" priced at $331 / sq.feet. "House" is the cheapest type of property with a $331 / sq.feet value followed by "Farm" with an average price of $57 / sq.feet.
