Property prices for sale in Atlanta (Georgia)
The prices in real estate in Atlanta, in the Georgia 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 Atlanta has increased strongly during the last 6 months. In November, the average price per sq.feet was $286. In the following month the price per sq.feet increased considerably to $342. In the following two months the price per sq.feet has barely changed, going from $314 to $308.5 per sq.feet. The price per sq.feet has had a considerable increase of 156 % 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 $311.25 to $485.5 during March, and April.
Based upon to the price in Atlanta (cities), this has gone up considerably in the last 6 months. The price in November is $491,393, rising in December till $545,966. During the following two months (January, February) the average price had a considerable increase of 121 % 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 gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $617,784 they are 48 % more affordable than the average price for Atlanta. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $487,625.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $285 / sq.feet, with an average $333 / sq.feet price in Atlanta. The properties with the highest average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $316 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $617,784 it is 66 % cheaper than the average price in Atlanta. "Land" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $714,020 it is 116 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $169 / sq.feet followed by "Townhouse" priced at $293 / sq.feet. "Land" is the most costly type of property with a $108,326 / sq.feet cost followed by "Commercial" with an average price of $344 / sq.feet.
