The rent prices in real estate in Blue Ridge, in the Georgia region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Blue Ridge has had a strong fall during the last 6 months. In October, the average price per sq.feet was $27.13. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable fall of 81 with regard to the previous two months. The price per sq.feet has had a considerable fall of 13 % 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 $12.28 to $1.55 during February, and March.
When referring to the price in Blue Ridge (cities), this has fallen considerably in the last 6 months. The average price for October is $1,800. During November the price had a considerable fall till $350. During the following two months (December, January) the average price had a considerable fall of 62 % 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 had a strong increase of 337 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 79 % more affordable than the average price of $656 in Blue Ridge. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 79 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Cabin" as the most affordable one. At an cost of $3,075 it is 78 % more affordable than the average price in Blue Ridge. "Land" is seen as the second most affordable property type. The most affordable property is "Commercial" followed by "Apartment". At a price of $1,079 it is 65 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Cabin" at an average price of $5 / sq.feet followed by "Land" priced at $10 / sq.feet. "Commercial" is the most expensive type of property with a $26 / sq.feet value followed by "Apartment" with an average price of $21 / sq.feet.