The prices in real estate in Niota, 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 Niota has increased strongly during the last 6 months. In November, the average price per sq.feet was $224. In the following month the price per sq.feet decreased to $203. The price for the following two months in (January, February) had a considerable increment of 1775 %. The price per sq.feet has had a considerable increase of 164 % 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 $2,002 to $3,292 during March, and April.
Based upon to the price in Niota (cities), these have remained the same in the last 6 months. The average price for November is $384,057. During December the price had a considerable reduction till $321,607. In the following two months the average price has remained the same with regard to the previous two months from $352,832 to $358,901. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.