Property prices for sale in Tennessee region

The price per sq.feet in Tennessee has increased strongly in the last 6 months. During February, the average price per sq.feet was $186. The following month (March) the price increased to $212 per sq.feet. The following two months (April, May) went through an increase of 110 % in the price per sq.feet rising from $199 to $218.5 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 120 %. This has been obtained by comparing the price of $208.75 for the first four months of the sample with regard to the previous 4 months and the price of $249.5 per sq.feet for the last two months (June, July).

Based upon to the price in Tennessee(region), this has increased considerably in the last 6 months. In the first month sample for February the average price is $397,835. During March it went through a strong inflation reaching $476,026 The average price for the following two months (April, May) increased from $436,930.5 to $476,607.5. During the last two months the price has had a considerable increase of 119 % with respect to the previous four months going from $456,769 a $545,393.

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 42 % more affordable than the average price in Tennessee followed by those with 2 with an average price of $383,305. The most costly properties have 4 bedrooms. They are 28 % more expensive than the average followed by those properties with 3 bedrooms priced at $437,439.

Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $228 / sq.feet being $253 / sq.feet the average value within the Tennessee region. The properties with the most expensive average price are those with 1 bedroom. These are 48 % more costly than the average followed by those with 2 bedrooms with a price of $277 / sq.feet.

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $565,479 it is 43 % more affordable than the average in Tennessee. This is followed by "Townhouse" with a price of $376,084. The dearest property type is "Commercial" and is 11 % more expensive than the average, followed by "House" with a cost of $572,114.

Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $187 / sq.feet, followed by "Townhouse" with a price of $236 / sq.feet. "Land" with an average price of $12,948 / sq.feet is the most costly type of property followed by "Condo" at a price of $332 / sq.feet.