The prices in real estate in Smithville, in the Tennessee region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Smithville has increased during the last 6 months. In October, the average price per sq.feet was $152. In the following month the price per sq.feet increased considerably to $179. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 120 % 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 $158 to $189.5 during February, and March.
Based upon to the price in Smithville (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $358,361. In November This price remains at $372,695. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 gone up 106 % 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 $400,618 they are 33 % more affordable than the average price for Smithville. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 1 bedroom priced at $350,161.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $140 / sq.feet, with an average $227 / sq.feet price in Smithville. The properties with the highest average prices have 1 bedroom. They are 100 % more expensive than the average followed by properties with 2 bedrooms with a price at $179 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $400,618 it is 19 % cheaper than the average price in Smithville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $325,980 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $117 / sq.feet followed by "House" priced at $149 / sq.feet. "House" is the cheapest type of property with a $149 / sq.feet value followed by "Farm" with an average price of $117 / sq.feet.