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 October, the average price per sq.feet was $1,239. In November this price pretty much remained the same at a value of $1,293 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable increase of 318 % 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 $977.25 to $3,103.5 during February, and March.
Based upon to the price in Tracy City (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $351,986. In November This price remains at $366,529. In the following two months the average price has remained the same with regard to the previous two months from $359,257.5 to $374,176.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $366,717 to $324,150.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $330,306 they are 5 % more affordable than the average price for Tracy City. The properties with the highest average price have 4 bedrooms, Their price is 107 % more costly than the average. After that we have properties with 2 bedrooms priced at $356,270.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $2,789 / sq.feet price in Tracy City. The properties with the lowest average prices have 1 bedroom. They are 78 % cheaper than the average followed by properties with 2 bedrooms with a price at $434 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $330,306 it is 53 % cheaper than the average price in Tracy City. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $154,664 it is 20 % 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 $349 / sq.feet followed by "Land" priced at $26,336 / sq.feet. "Land" is the most costly type of property with a $26,336 / sq.feet cost followed by "House" with an average price of $349 / sq.feet.
