The prices in real estate in Soddy Daisy, 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 Soddy Daisy has increased strongly during the last 6 months. In October, the average price per sq.feet was $246. In November this price pretty much remained the same at a value of $249 per sq.feet. 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 784 % 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 $239.5 to $1,876.5 during February, and March.
Based upon to the price in Soddy Daisy (cities), this has gone downing the last 6 months. The average price for October is $515,201. During November the price had a slight fall till $473,423. In the following two months the average price has remained the same with regard to the previous two months from $494,312 to $509,371.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $501,841.75 to $455,614.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $420,854 they are 78 % more affordable than the average price for Soddy Daisy. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $431,327.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $72 / sq.feet, with an average $3,524 / sq.feet price in Soddy Daisy. The properties with the lowest average prices have 3 bedrooms. They are 93 % cheaper than the average followed by properties with 4 bedrooms with a price at $218 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $420,854 it is 74 % cheaper than the average price in Soddy Daisy. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $108,361 it is 18 % 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 $225 / sq.feet followed by "Land" priced at $45,394 / sq.feet. "Land" is the most costly type of property with a $45,394 / sq.feet cost followed by "House" with an average price of $225 / sq.feet.