The prices in real estate in Greeneville, 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 Greeneville has increased strongly during the last 6 months. In October, the average price per sq.feet was $98. In the following month the price per sq.feet increased considerably to $119. The price for the following two months in (December, January) had a considerable increment of 118 %. The price per sq.feet has increased 105 % 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 $118.25 to $124.5 during February, and March.
Based upon to the price in Greeneville (cities), this has gone up considerably in the last 6 months. The price in October is $215,759, rising in November till $245,314. During the following two months (December, January) the average price had a considerable increase of 124 % 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 gone up 107 % 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 $289,488 they are 54 % more affordable than the average price for Greeneville. The properties with the highest average price have 4 bedrooms, Their price is 239 % more costly than the average. After that we have properties with 3 bedrooms priced at $216,973.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $135 / sq.feet price in Greeneville. The properties with the highest average prices have 4 bedrooms. They are 156 % more expensive than the average followed by properties with 1 bedroom with a price at $212 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $289,488 it is 67 % cheaper than the average price in Greeneville. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $175,273 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $30 / sq.feet followed by "Condo" priced at $68 / sq.feet. "Farm" is the most costly type of property with a $425 / sq.feet cost followed by "House" with an average price of $99 / sq.feet.