The prices in real estate in Roan Mountain, 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 Roan Mountain has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $142. The price for the following two months in (December, January) had a considerable increment of 208 %. The price per sq.feet has increased 114 % 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 $109.25 to $125 during February, and March.
Based upon to the price in Roan Mountain (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $261,000. During the following two months (December, January) the average price had a considerable increase of 221 % with regard to the previous two months. 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 showing the average price for bedrooms displays the property with the lowest price has 2 bedrooms. It is 8 % cheaper than the average price of $214,922 in Roan Mountain. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 418 % more costly than the average price of ($642 / sq.feet) in Roan Mountain. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 418 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Roan Mountain we can see that the cheapest property type is "House" at a price of $214,922, they are 8 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $642 / sq.feet. "House" at an average price of $642 / sq.feet has the most expensive price and would be directed at more affluent cities.