The prices in real estate in White Pine, 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 White Pine has increased strongly during the last 6 months. In September, the average price per sq.feet was $109. In the following month the price per sq.feet increased considerably to $443. In the following two months the price per sq.feet has increased 113 %, going from $276 to $312 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $294 to $282.5 during January y February
Based upon to the price in White Pine (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $171,567. During October the price went through a considerable rise reaching $292,740. During the following two months (November, December) the average price had a considerable increase of 138 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 227 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 56 % cheaper than the average price of $243,531 in White Pine. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 56 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 55 % cheaper than the average price of ($119 / sq.feet) in White Pine. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 55 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $557,065 it is 56 % cheaper than the average price in White Pine. "Condo" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Condo". At a price of $266,531 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $119 / sq.feet followed by "Condo" priced at $159 / sq.feet. "Townhouse" is the most costly type of property with a $444 / sq.feet cost followed by "Condo" with an average price of $159 / sq.feet.