Property prices for sale in Talbott (Tennessee)
The prices in real estate in Talbott, in the Tennessee region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Talbott has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,128. In the following month the price per sq.feet decreased considerably to $217. The price for the following two months in (December, January) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $937 to $227.5 during February, and March.
Based upon to the price in Talbott (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $390,292. In November This price remains at $387,150. In the following two months the average price has remained the same with regard to the previous two months from $388,721 to $381,923. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % 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 $422,442 they are 65 % more affordable than the average price for Talbott. The properties with the lowest average price have 2 bedrooms, Their price is 50 % cheaper than the average. After that we have properties with 1 bedroom priced at $149,000.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $216 / sq.feet, with an average $216 / sq.feet price in Talbott. The properties with the highest average prices have 2 bedrooms. They are 357 % more expensive than the average followed by properties with 1 bedroom with a price at $216 / sq.feet.
With regard to the average price based upon the property in Talbott we can see that the cheapest property type is "House" at a price of $209,722, they are 50 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 50 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $988 / sq.feet. "House" at an average price of $988 / sq.feet has the most expensive price and would be directed at more affluent cities.
