The prices in real estate in Sparta, 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 Sparta has fallen in the last 6 months. In May, the average price per sq.feet was $109. In June this price pretty much remained the same at a value of $109 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $109 to $106.5 per sq.feet. The price per sq.feet has decreased 90 % 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 $107.75 to $96.5 during September, and October.
Based upon to the price in Sparta (cities), this has fallen considerably in the last 6 months. The average price for May is $230,108. During June the price had a considerable reduction till $194,447. In the following two months the average price has remained the same with regard to the previous two months from $212,277.5 to $204,908.5. During the last two months the average price has had a strong fall compared to the previous four going from $208,593 to $172,548, which means a 83 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 13 % more costly than the average price of $180,082 in Sparta. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 13 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % cheaper than the average price of ($91 / sq.feet) in Sparta. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $159,593 it is 13 % more expensive than the average price in Sparta. "Farm" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "Farm". At a price of $188,157 it is 23 % 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 $91 / sq.feet followed by "Farm" priced at $96 / sq.feet. "Farm" is the most costly type of property with a $96 / sq.feet cost followed by "House" with an average price of $91 / sq.feet.