Property prices for sale in Sewanee (Tennessee)
The prices in real estate in Sewanee, 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 Sewanee has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,978. In the following month the price per sq.feet increased considerably to $3,065. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 121 % 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 $2,447 to $2,952 during February, and March.
Based upon to the price in Sewanee (cities), this has gone downing the last 6 months. The average price for October is $799,095. During November the price had a considerable reduction till $678,469. During the following two months (December, January) the average price had a considerable increase of 118 % 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 $805,930.25 to $664,099.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $661,428 they are 12 % more affordable than the average price for Sewanee. The properties with the highest average price have 4 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,025,000.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $292 / sq.feet, with an average $3,669 / sq.feet price in Sewanee. The properties with the highest average prices have 2 bedrooms. They are 355 % more expensive than the average followed by properties with 3 bedrooms with a price at $377 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $661,428 it is 64 % cheaper than the average price in Sewanee. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $235,333 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $293 / sq.feet followed by "Land" priced at $20,793 / sq.feet. "Land" is the most costly type of property with a $20,793 / sq.feet cost followed by "House" with an average price of $293 / sq.feet.
