The prices in real estate in Red Boiling Springs, 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 Red Boiling Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,062. In the following month the price per sq.feet decreased considerably to $435. The price for the following two months in (December, January) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable increase of 491 % 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 $600.75 to $2,948.5 during February, and March.
Based upon to the price in Red Boiling Springs (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $329,652. In November This price remains at $319,786. In the following two months the average price has remained the same with regard to the previous two months from $324,719 to $321,228.5. During the last two months the average price has had a strong fall compared to the previous four going from $322,973.75 to $264,193.5, which means a 82 % fall.