The prices in real estate in Rutledge, 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 Rutledge has increased strongly during the last 6 months. In October, the average price per sq.feet was $332. In the following month the price per sq.feet decreased considerably to $277. The price for the following two months in (December, January) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 1222 % 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 $283.5 to $3,463 during February, and March.
Based upon to the price in Rutledge (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $308,856. During November the price went through a considerable rise reaching $436,827. During the following two months (December, January) the average price had a considerable increase of 163 % 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 $489,744.5 to $378,746.5, which means a 77 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 33 % cheaper than the average price of $283,117 in Rutledge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 33 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 97 % cheaper than the average price of ($222 / sq.feet) in Rutledge. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 97 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Rutledge we can see that the cheapest property type is "House" at a price of $283,117, they are 33 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 33 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $222 / sq.feet. "House" with an average cost of $222 / sq.feet has the lowest price and would be directed at less affluent cities.