The prices in real estate in Cave Spring, 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 Cave Spring has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,264. In the following month the price per sq.feet decreased considerably to $219. The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,452.75 to $1,402.5 during February y March
Based upon to the price in Cave Spring (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $278,932. During November the price went through a considerable rise reaching $340,420. In the following two months the average price has remained the same with regard to the previous two months from $309,676 to $316,201.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $349,823 they are 47 % more affordable than the average price for Cave Spring. The properties with the highest average price have 4 bedrooms, Their price is 99 % more costly than the average. After that we have properties with 3 bedrooms priced at $280,305.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $990 / sq.feet price in Cave Spring. The properties with the lowest average prices have 4 bedrooms. They are 82 % cheaper than the average followed by properties with 1 bedroom with a price at $153 / sq.feet.
With regard to the average price based upon the property in Cave Spring we can see that the cheapest property type is "House" at a price of $305,238, they are 13 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 13 % more affordable 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 $134 / sq.feet. "House" with an average cost of $134 / sq.feet has the lowest price and would be directed at less affluent cities.