The prices in real estate in Spencer, 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 Spencer has increased during the last 6 months. In May, the average price per sq.feet was $111. In the following month the price per sq.feet increased to $119. The price for the following two months in (July, August) decreased 95 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 118 % 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 $112 to $132 during September, and October.
Based upon to the price in Spencer (cities), this has gone downing the last 6 months. In our first sample month during May, the average price is $271,467. In June This price remains at $273,117. During the following two months (July, August) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $254,552 and $262,692 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $262,221 they are 49 % more affordable than the average price for Spencer. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 2 bedrooms priced at $330,487.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $96 / sq.feet, with an average $135 / sq.feet price in Spencer. The properties with the highest average prices have 2 bedrooms. They are 35 % more expensive than the average followed by properties with 1 bedroom with a price at $155 / sq.feet.
With regard to the average price based upon the property in Spencer we can see that the cheapest property type is "House" at a price of $222,797, they are 15 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 15 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $117 / sq.feet. "House" with an average cost of $117 / sq.feet has the lowest price and would be directed at less affluent cities.