The prices in real estate in Tellico Plains, 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 Tellico Plains has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $590. In the following month the price per sq.feet decreased considerably to $272. The price for the following two months in (October, November) had a considerable decrease of 29 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % 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 $278.75 to $147 during December, and January.
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 August, is $152,633. During September the price went through a considerable rise reaching $183,443. During the following two months (October, November) the average price had a considerable increase of 155 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 192 % 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 65 % cheaper than the average price of $146,166 in Tellico Plains. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 65 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % cheaper than the average price of ($67 / 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 57 % 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 $146,166, they are 65 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 65 % 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 $67 / sq.feet. "House" with an average cost of $67 / sq.feet has the lowest price and would be directed at less affluent cities.