The prices in real estate in Kodak, 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 Kodak has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,243. In the following month the price per sq.feet decreased considerably to $256. The price for the following two months in (December, January) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable increase of 795 % 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 $874.25 to $6,953 during February, and March.
Based upon to the price in Kodak (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $523,463. In November This price remains at $533,780. In the following two months the average price has remained the same with regard to the previous two months from $528,621.5 to $529,512. 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 $529,066.75 and $518,377.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $575,683 they are 77 % more affordable than the average price for Kodak. The properties with the lowest average price have 1 bedroom, Their price is 76 % cheaper than the average. After that we have properties with 4 bedrooms priced at $133,950.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $8,262 / sq.feet price in Kodak. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 4 bedrooms with a price at $100 / sq.feet.
With regard to the average price based upon the property in Kodak we can see that the cheapest property type is "House" at a price of $133,950, they are 77 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 77 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $100 / sq.feet. "House" with an average cost of $100 / sq.feet has the lowest price and would be directed at less affluent cities.