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 March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $122. The price for the following two months in (May, June) had a considerable increment of 209 %. The price per sq.feet has had a considerable increase of 457 % 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 $94.25 to $431 during July, and August.
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 March, is . During April the price went through a considerable rise reaching $274,911. During the following two months (May, June) the average price had a considerable increase of 212 % 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 157 % 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 22 % cheaper than the average price of $247,964 in White Pine. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % more costly than the average price of ($137 / sq.feet) in White Pine. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % more costly 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 $318,233 it is 22 % cheaper than the average price in White Pine. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $271,384 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $137 / sq.feet followed by "Condo" priced at $177 / sq.feet. "Townhouse" is the most costly type of property with a $462 / sq.feet cost followed by "Condo" with an average price of $177 / sq.feet.