Property prices for sale in Sweetwater (Tennessee)
The prices in real estate in Sweetwater, 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 Sweetwater has increased strongly during the last 6 months. In October, the average price per sq.feet was $206. In the following month the price per sq.feet decreased to $178. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 1864 % 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 $185 to $3,447.5 during February, and March.
Based upon to the price in Sweetwater (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $304,755. In November This price remains at $290,132. During the following two months (December, January) the price has had an average incrementation from $297,443.5 to $324,216.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $325,993 they are 53 % more affordable than the average price for Sweetwater. The properties with the highest average price have 3 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 4 bedrooms priced at $345,066.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $4,593 / sq.feet price in Sweetwater. The properties with the lowest average prices have 1 bedroom. They are 95 % cheaper than the average followed by properties with 3 bedrooms with a price at $180 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $325,993 it is 65 % cheaper than the average price in Sweetwater. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $115,365 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $11 / sq.feet followed by "House" priced at $158 / sq.feet. "House" is the cheapest type of property with a $158 / sq.feet value followed by "Townhouse" with an average price of $11 / sq.feet.
