The prices in real estate in Spencer, 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 Spencer has increased strongly during the last 6 months. In April, the average price per sq.feet was $3,289. In the following month the price per sq.feet decreased considerably to $119. The price for the following two months in (June, July) had a considerable increment of 217 %. The price per sq.feet has had a considerable increase of 214 % 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 $2,700 to $5,778 during August, and September.
Based upon to the price in Spencer (cities), this has fallen considerably in the last 6 months. The average price for April is $498,748. During May the price had a considerable reduction till $305,744. During the following two months (June, July) the average price had a considerable reduction of 78 % 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 risen strongly 128 % during the last two months.