The prices in real estate in Tellico Plains, 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 Tellico Plains has increased strongly during the last 6 months. In April, the average price per sq.feet was $169. In the following month the price per sq.feet decreased considerably to $44. The price for the following two months in (June, July) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable increase of 569 % 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 $75.75 to $431 during August, and September.
Based upon to the price in Tellico Plains (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $72,175. During May the price went through a considerable rise reaching $97,675. During the following two months (June, July) the price has had an average incrementation from $84,925 to $91,780. Based on an analysis of the first four prices and the last two months the average price has risen strongly 190 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 20 % cheaper than the average price of $146,754 in Tellico Plains. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 74 % cheaper than the average price of ($71 / sq.feet) in Tellico Plains. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 74 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Tellico Plains we can see that the cheapest property type is "House" at a price of $146,754, they are 20 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 20 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $71 / sq.feet. "House" with an average cost of $71 / sq.feet has the lowest price and would be directed at less affluent cities.