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 June, the average price per sq.feet was $280. In July this price pretty much remained the same at a value of $286 per sq.feet. The price for the following two months in (August, September) had a considerable increment of 458 %. The price per sq.feet has had a considerable increase of 399 % 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 $790 to $3,151 during October, and November.
Based upon to the price in Ten Mile (cities), these have remained the same in the last 6 months. In our first sample month during June, the average price is $560,617. In July This price remains at $577,878. In the following two months the average price has remained the same with regard to the previous two months from $569,247.5 to $559,865. 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 $564,556.25 and $588,422.5 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $627,487 they are 65 % more affordable than the average price for Ten Mile. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $582,477.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $134 / sq.feet, with an average $3,119 / sq.feet price in Ten Mile. The properties with the lowest average prices have 4 bedrooms. They are 84 % cheaper than the average followed by properties with 3 bedrooms with a price at $207 / sq.feet.
With regard to the average price based upon the property in Ten Mile we can see that the cheapest property type is "House" at a price of $550,816, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % 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 $205 / sq.feet. "House" with an average cost of $205 / sq.feet has the lowest price and would be directed at less affluent cities.