The prices in real estate in Westmoreland, 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 Westmoreland has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,921. In the following month the price per sq.feet decreased considerably to $3,086. The price for the following two months in (December, January) had a considerable decrease of 32 with regard to the prior two months. The price per sq.feet has had a considerable increase of 430 % 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 $2,308 to $9,918 during February, and March.
Based upon to the price in Westmoreland (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $296,527. In November This price remains at $297,019. During the following two months (December, January) the price has had an average incrementation from $296,773 to $317,905.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $307,339.25 to $281,676 in February and March.