Property prices for sale in Martin (Tennessee)
The prices in real estate in Martin, 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 Martin has increased strongly during the last 6 months. In October, the average price per sq.feet was $216. In the following month the price per sq.feet decreased considerably to $130. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable increase of 505 % 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 $159 to $803 during February, and March.
Based upon to the price in Martin (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $308,861. In November This price remains at $298,658. In the following two months the average price has remained the same with regard to the previous two months from $303,759.5 to $305,790. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $328,696 they are 67 % more affordable than the average price for Martin. The properties with the lowest average price have 1 bedroom, Their price is 67 % cheaper than the average. After that we have properties with 2 bedrooms priced at $109,497.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $328,696 it is 97 % cheaper than the average price in Martin. "" is seen as the second most affordable property type. The cheapest type property is "" followed by "Condo". At a price of $9,950 it is 67 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Condo with an average price of $33 / sq.feet. "Condo" with an average cost of $33 / sq.feet has the lowest price and would be directed at less affluent cities.
