Property prices for sale in Canton (Georgia)
The prices in real estate in Canton, 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 Canton has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $2,520. In the following month the price per sq.feet decreased considerably to $508. The price for the following two months in (May, June) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 168 % 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 $1,461 to $2,460.5 during July, and August.
Based upon to the price in Canton (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $666,114. In April This price remains at $657,598. In the following two months the average price has remained the same with regard to the previous two months from $661,856 to $677,793. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $669,824.5 to $636,104 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $621,917 they are 64 % more affordable than the average price for Canton. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 2 bedrooms priced at $532,688.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $577 / sq.feet, with an average $1,663 / sq.feet price in Canton. The properties with the highest average prices have 1 bedroom. They are 1463 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,197 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $621,917 it is 36 % cheaper than the average price in Canton. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $441,709 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $215 / sq.feet followed by "House" priced at $1,933 / sq.feet. "Land" is the most costly type of property with a $76,145 / sq.feet cost followed by "Condo" with an average price of $3,595 / sq.feet.
