The average price in the Tennessee region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Tennessee has remained stagnant in the last 6 months. During April, the average price per sq.feet was $1,191. The following month (May) the price had a considerable increase reaching $1,414 per sq.feet. The following two months (June, July) there has been a deflation of 86 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has decreased 91 %. This has been obtained by comparing the price $1,208.25 for the first four months of the sample with regard to the previous 4 months and the price $1,100 per sq.feet for the last two months (August, September).
Based upon to the price in Tennessee(region), these have remained the same in the last 6 months. April has an average price of $369,593. During May the price had a slight deflation till $321,946. The price in the following months (June, July) had a strong increment of 116 % going from $345,769.5 to $399,887.5. During the last two months the price has reduced 94 % compared to the previous average values going from $372,828.5 a $349,480.5 in August and September.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 45 % more affordable than the average price in Tennessee followed by those with 2 with an average price of $236,734. The most costly properties have 4 bedrooms. They are 38 % more expensive than the average followed by those properties with 3 bedrooms priced at $328,224.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $153 / sq.feet being $400 / sq.feet the average value within the Tennessee region. The properties with the most expensive average price are those with 4 bedrooms. These are 423 % more costly than the average followed by those with 3 bedrooms with a price of $675 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $361,859 it is 68 % more affordable than the average in Tennessee. This is followed by "Office" with a price of $301,430. The dearest property type is "Farm" and is 224 % more expensive than the average, followed by "House" with a cost of $436,734.
Based on the average cost per sq.feet the cheapest property type is "Office with a an average cost of $117 / sq.feet, followed by "Condo" with a price of $208 / sq.feet. "House" with an average price of $1,183 / sq.feet is the most costly type of property followed by "Land" at a price of $622 / sq.feet.