The prices in real estate in Senatobia, in the Mississippi 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 Senatobia has increased strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $79. The price for the following two months in (August, September) had a considerable increment of 182 %. The price per sq.feet has had a considerable increase of 135 % 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 $55.75 to $75.5 during October, and November.
Based upon to the price in Senatobia (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is . During July the price went through a considerable rise reaching $160,220. During the following two months (August, September) the average price had a considerable increase of 206 % 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 170 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $245,900 they are 47 % more affordable than the average price for Senatobia. The properties with the lowest average price have 3 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 4 bedrooms priced at $196,716.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $57 / sq.feet, with an average $78 / sq.feet price in Senatobia. The properties with the highest average prices have 4 bedrooms. They are 531 % more expensive than the average followed by properties with 3 bedrooms with a price at $244 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $245,900 it is 47 % cheaper than the average price in Senatobia. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $129,227 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $55 / sq.feet followed by "Apartment" priced at $383 / sq.feet. "Apartment" is the most costly type of property with a $383 / sq.feet cost followed by "House" with an average price of $55 / sq.feet.