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 April, the average price per sq.feet was $1,376. In the following month the price per sq.feet increased to $1,450. The price for the following two months in (June, July) had a considerable increment of 411 %. The price per sq.feet has had a considerable deflation of 4 % 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 $3,607.75 to $161.5 during August, and September.
Based upon to the price in Rutledge (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $238,107. In May This price remains at $249,257. During the following two months (June, July) the average price fell 88 % 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 risen strongly 125 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 6 % cheaper than the average price of $288,270 in Rutledge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 47 % more costly than the average price of ($240 / sq.feet) in Rutledge. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 47 % more costly 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 $288,270, they are 6 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 6 % 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 $240 / sq.feet. "House" at an average price of $240 / sq.feet has the most expensive price and would be directed at more affluent cities.