The prices in real estate in Maynardville, in the Tennessee region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Maynardville has fallen in the last 6 months. In October, the average price per sq.feet was $4,823. In the following month the price per sq.feet decreased to $4,541. The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable increase of 165 % 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 $3,558.75 to $5,881 during February, and March.
Based upon to the price in Maynardville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $309,569. In November This price remains at $317,082. During the following two months (December, January) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $341,157.5 to $282,527.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $276,064 they are 66 % more affordable than the average price for Maynardville. The properties with the highest average price have 4 bedrooms, Their price is 120 % more costly than the average. After that we have properties with 3 bedrooms priced at $406,222.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $146 / sq.feet, with an average $7,121 / sq.feet price in Maynardville. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $219 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $276,064 it is 68 % cheaper than the average price in Maynardville. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $415,848 it is 165 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $202 / sq.feet followed by "House" priced at $212 / sq.feet. "Land" is the most costly type of property with a $32,946 / sq.feet cost followed by "House" with an average price of $212 / sq.feet.