The prices in real estate in Mount Juliet, 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 Mount Juliet has increased strongly during the last 6 months. In November, the average price per sq.feet was $157. In December this price pretty much remained the same at a value of $160 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $158.5 to $157.5 per sq.feet. The price per sq.feet has had a considerable increase of 1959 % 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 $158 to $3,096 during March, and April.
Based upon to the price in Mount Juliet (cities), this has gone up in the last 6 months. The price in November is $428,979, rising in December till $452,447. In the following two months the average price has remained the same with regard to the previous two months from $440,713 to $442,710.5. 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 $441,711.75 and $462,592 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $458,350 they are 10 % more affordable than the average price for Mount Juliet. The properties with the lowest average price have 1 bedroom, Their price is 9 % cheaper than the average. After that we have properties with 2 bedrooms priced at $411,967.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $147 / sq.feet, with an average $3,026 / sq.feet price in Mount Juliet. The properties with the lowest average prices have 1 bedroom. They are 95 % cheaper than the average followed by properties with 2 bedrooms with a price at $147 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $458,350 it is 15 % cheaper than the average price in Mount Juliet. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $389,727 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $147 / sq.feet followed by "Townhouse" priced at $204 / sq.feet. "Condo" is the cheapest type of property with a $209 / sq.feet value followed by "Townhouse" with an average price of $204 / sq.feet.