The prices in real estate in Cave Spring, 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 Cave Spring has increased strongly during the last 6 months. In October, the average price per sq.feet was $128. In the following month the price per sq.feet increased considerably to $169. In the following two months the price per sq.feet has increased 107 %, going from $148.5 to $158.5 per sq.feet. The price per sq.feet has decreased 89 % 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 $153.5 to $137 during February, and 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 $365,213. During November the price went through a considerable rise reaching $605,563. In the following two months the average price has remained the same with regard to the previous two months from $485,388 to $490,637.5. During the last two months the average price has had a strong fall compared to the previous four going from $488,012.75 to $369,846.5, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $324,743 they are 21 % more affordable than the average price for Cave Spring. The properties with the lowest average price have 1 bedroom, Their price is 20 % cheaper than the average. After that we have properties with 2 bedrooms priced at $258,851.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $95 / sq.feet, with an average $125 / sq.feet price in Cave Spring. The properties with the lowest average prices have 1 bedroom. They are 19 % cheaper than the average followed by properties with 2 bedrooms with a price at $98 / 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 $258,074, they are 21 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 21 % 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 $95 / sq.feet. "House" with an average cost of $95 / sq.feet has the lowest price and would be directed at less affluent cities.