The prices in real estate in Signal Mountain, 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 Signal Mountain has increased strongly during the last 6 months. In April, the average price per sq.feet was $185. In May this price pretty much remained the same at a value of $184 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 495 %. The price per sq.feet has had a considerable increase of 595 % 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 $549.25 to $3,265.5 during August, and September.
Based upon to the price in Signal Mountain (cities), these have remained the same in the last 6 months. The price in April is $519,428, rising in May till $545,808. During the following two months (June, July) 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 $579,578.5 to $403,403, which means a 70 % fall.