The prices in real estate in Sylvania, 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 Sylvania has increased strongly during the last 6 months. In September, the average price per sq.feet was $766. In the following month the price per sq.feet increased considerably to $2,118. The price for the following two months in (November, December) had a considerable increment of 184 %. The price per sq.feet has had a considerable increase of 178 % 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 $2,051 to $3,642 during January, and February.
Based upon to the price in Sylvania (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $235,277. In October This price remains at $233,464. During the following two months (November, December) the price has had an average incrementation from $234,370.5 to $247,510. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $240,940.25 to $211,172 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $213,148 they are 5 % more expensive than the average price for Sylvania. Following this ranking we find those properties with 1 at an average price of $240,841. The properties with the highest average price have 4 bedrooms, Their price is 84 % more costly than the average. After that we have properties with 3 bedrooms priced at $301,444.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $4,118 / sq.feet price in Sylvania. The properties with the lowest average prices have 3 bedrooms. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $134 / sq.feet.
With regard to the average price based upon the property in Sylvania we can see that most expensive property type is "House" at a price of $280,854, they are 32 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 32 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $129 / sq.feet. "House" with an average cost of $129 / sq.feet has the lowest price and would be directed at less affluent cities.