The prices in real estate in Talbott, 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 Talbott has increased strongly during the last 6 months. In April, the average price per sq.feet was $104. In the following month the price per sq.feet increased considerably to $126. The price for the following two months in (June, July) had a considerable increment of 356 %. The price per sq.feet has had a considerable deflation of 59 % 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 $262 to $153.5 during August, and September.
Based upon to the price in Talbott (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $397,425. During May the price went through a considerable rise reaching $514,117. During the following two months (June, July) the average price had a considerable reduction of 61 % 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 $367,304.25 and $377,016.5 between August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 43 % cheaper than the average price of $218,743 in Talbott. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 43 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 611 % more costly than the average price of ($1,060 / sq.feet) in Talbott. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 611 % more costly than the average value aforementioned.
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 $218,743, they are 43 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 43 % 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 $1,060 / sq.feet. "House" at an average price of $1,060 / sq.feet has the most expensive price and would be directed at more affluent cities.