The prices in real estate in Berkeley Lake, 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 Berkeley Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $208. In the following month the price per sq.feet decreased to $192. The price for the following two months in (December, January) had a considerable increment of 4258 %. The price per sq.feet has had a considerable increase of 1428 % 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 $4,357.75 to $62,247.5 during February, and March.
Based upon to the price in Berkeley Lake (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $738,586. During November the price went through a considerable rise reaching $991,555. During the following two months (December, January) the average price had a considerable increase of 115 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $932,089.75 to $847,054.5 in February and March.