The prices in real estate in Ten Mile, 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 Ten Mile has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,183. In November this price pretty much remained the same at a value of $3,119 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable increase of 220 % 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 $2,565.5 to $5,638.5 during February, and March.
Based upon to the price in Ten Mile (cities), this has gone up in the last 6 months. The price in October is $549,358, rising in November till $627,487. During the following two months (December, January) the average price had a considerable increase of 120 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $647,498.75 to $520,970, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $546,659 they are 60 % more affordable than the average price for Ten Mile. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $580,149.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $130 / sq.feet, with an average $5,782 / sq.feet price in Ten Mile. The properties with the lowest average prices have 4 bedrooms. They are 92 % cheaper than the average followed by properties with 3 bedrooms with a price at $203 / sq.feet.
With regard to the average price based upon the property in Ten Mile we can see that most expensive property type is "House" at a price of $548,614, they are 0 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 0 % more expensive 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 $201 / sq.feet. "House" with an average cost of $201 / sq.feet has the lowest price and would be directed at less affluent cities.