The prices in real estate in Lyles, 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 Lyles has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,271. In the following month the price per sq.feet decreased considerably to $242. The price for the following two months in (January, February) had a considerable increment of 321 %. The price per sq.feet has had a considerable increase of 128 % 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 $1,593 to $2,041 during March, and April.
Based upon to the price in Lyles (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $353,060. In December This price remains at $359,234. During the following two months (January, February) the price has had an average incrementation from $356,147 to $402,125.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $379,136.25 to $325,275.5 in March and April.