The prices in real estate in South Pittsburg, in the Tennessee region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in South Pittsburg has fallen in the last 6 months. In April, the average price per sq.feet was $140. In the following month the price per sq.feet decreased to $122. In the following two months the price per sq.feet has barely changed, going from $131 to $126.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $128.75 to $118.5 during August, and September.
Based upon to the price in South Pittsburg (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $366,960. In May This price remains at $367,580. During the following two months (June, July) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $350,680 to $331,831.5 in August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 14 % cheaper than the average price of $289,231 in South Pittsburg. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 30 % more costly than the average price of ($135 / sq.feet) in South Pittsburg. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 30 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $336,483 it is 14 % cheaper than the average price in South Pittsburg. "Farm" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $289,231 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $135 / sq.feet followed by "Farm" priced at $154 / sq.feet. "Farm" is the most costly type of property with a $154 / sq.feet cost followed by "House" with an average price of $135 / sq.feet.