Property prices for sale in Cairo (Georgia)
The prices in real estate in Cairo, in the Georgia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Cairo has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $5,518. In the following month the price per sq.feet increased to $5,848. The price for the following two months in (May, June) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 60 % 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 $3,629.5 to $2,171 during July, and August.
Based upon to the price in Cairo (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $262,931. In April This price remains at $256,062. During the following two months (May, June) the price has had an average incrementation from $259,496.5 to $290,669. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $333,510 they are 80 % more affordable than the average price for Cairo. The properties with the highest average price have 1 bedroom, Their price is 346 % more costly than the average. After that we have properties with 4 bedrooms priced at $305,755.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $32 / sq.feet, with an average $2,093 / sq.feet price in Cairo. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 4 bedrooms with a price at $77 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $333,510 it is 53 % cheaper than the average price in Cairo. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $157,243 it is 48 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $28 / sq.feet followed by "House" priced at $58 / sq.feet. "House" is the cheapest type of property with a $58 / sq.feet value followed by "Land" with an average price of $28 / sq.feet.
