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 March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $2,710. The price for the following two months in (May, June) had a considerable increment of 156 %. The price per sq.feet has had a considerable deflation of 12 % 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 $1,733.5 to $216.5 during July, and August.
Based upon to the price in Sweetwater (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $399,083. During the following two months (May, June) the average price had a considerable increase of 121 % 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 91 %, going from $220,420.75 to $200,691.5 in July and August.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 98 % more costly than the average price of $370,036 in Sweetwater. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 98 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 849 % more costly than the average price of ($1,205 / sq.feet) in Sweetwater. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 849 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $186,683 it is 35 % cheaper than the average price in Sweetwater. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $121,918 it is 98 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $66 / sq.feet followed by "House" priced at $1,205 / sq.feet. "House" is the most costly type of property with a $1,205 / sq.feet cost followed by "Townhouse" with an average price of $66 / sq.feet.