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 March, the average price per sq.feet was $124. In the following month the price per sq.feet increased considerably to $160. The price for the following two months in (May, June) had a considerable increment of 862 %. The price per sq.feet has had a considerable increase of 438 % 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 $683.25 to $2,993 during July, and August.
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 March, is $318,767. During April the price went through a considerable rise reaching $371,111. During the following two months (May, June) the average price had a considerable increase of 212 % 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 208 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,037,962 they are 88 % more affordable than the average price for Senatobia. The properties with the lowest average price have 3 bedrooms, Their price is 78 % cheaper than the average. After that we have properties with 4 bedrooms priced at $194,948.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $2,962 / sq.feet price in Senatobia. The properties with the lowest average prices have 4 bedrooms. They are 84 % cheaper than the average followed by properties with 3 bedrooms with a price at $235 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,037,962 it is 88 % 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 $128,064 it is 88 % 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 $46 / sq.feet followed by "Apartment" priced at $374 / sq.feet. "Apartment" is the cheapest type of property with a $374 / sq.feet value followed by "House" with an average price of $46 / sq.feet.