Property prices for sale in Tellico Plains (Tennessee)
The prices in real estate in Tellico Plains, 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 Tellico Plains has increased during the last 6 months. In October, the average price per sq.feet was $2,724. In the following month the price per sq.feet decreased considerably to $1,242. The price for the following two months in (December, January) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable increase of 486 % 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 $1,337.25 to $6,497.5 during February, and March.
Based upon to the price in Tellico Plains (cities), these have remained the same in the last 6 months. The price in October is $333,724, rising in November till $357,905. During the following two months (December, January) the price has had an average incrementation from $345,814.5 to $371,155. During the last two months the average price has had a strong fall compared to the previous four going from $358,484.75 to $294,512.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $275,642 they are 31 % more affordable than the average price for Tellico Plains. The properties with the highest average price have 4 bedrooms, Their price is 940 % more costly than the average. After that we have properties with 3 bedrooms priced at $524,153.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $277 / sq.feet, with an average $8,617 / sq.feet price in Tellico Plains. The properties with the lowest average prices have 4 bedrooms. They are 94 % cheaper than the average followed by properties with 1 bedroom with a price at $359 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $275,642 it is 49 % cheaper than the average price in Tellico Plains. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $140,837 it is 60 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $30 / sq.feet followed by "House" priced at $234 / sq.feet. "House" is the cheapest type of property with a $234 / sq.feet value followed by "Apartment" with an average price of $30 / sq.feet.
