Property prices for sale in Tracy City (Tennessee)
The prices in real estate in Tracy City, 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 Tracy City has increased strongly during the last 6 months. In April, the average price per sq.feet was $472. In the following month the price per sq.feet increased to $534. In the following two months the price per sq.feet has increased 111 %, going from $503 to $558 per sq.feet. The price per sq.feet has had a considerable increase of 158 % 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 $530.5 to $836 during August, and September.
Based upon to the price in Tracy City (cities), this has fallen considerably in the last 6 months. The average price for April is $474,679. During May the price had a slight fall till $438,442. During the following two months (June, July) the average price fell 87 % 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 $426,653 to $355,690, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $362,567 they are 13 % more affordable than the average price for Tracy City. The properties with the highest average price have 4 bedrooms, Their price is 96 % more costly than the average. After that we have properties with 2 bedrooms priced at $419,092.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $248 / sq.feet, with an average $1,202 / sq.feet price in Tracy City. The properties with the lowest average prices have 1 bedroom. They are 43 % cheaper than the average followed by properties with 2 bedrooms with a price at $575 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $362,567 it is 71 % cheaper than the average price in Tracy City. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $400,843 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $464 / sq.feet followed by "Detached House" priced at $492 / sq.feet. "Land" is the most costly type of property with a $22,467 / sq.feet cost followed by "Detached House" with an average price of $492 / sq.feet.
