Property prices for sale in Cohutta (Georgia)
The prices in real estate in Cohutta, 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 Cohutta has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,968. In the following month the price per sq.feet decreased considerably to $195. In the following two months the price per sq.feet has increased 109 %, going from $2,581.5 to $2,801.5 per sq.feet. The price per sq.feet has had a considerable increase of 177 % 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 $2,691.5 to $4,754.5 during February, and March.
Based upon to the price in Cohutta (cities), this has gone up in the last 6 months. The price in October is $355,706, rising in November till $404,010. In the following two months the average price has remained the same with regard to the previous two months from $379,858 to $384,213. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $382,035.5 to $356,986 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $346,044 they are 85 % more affordable than the average price for Cohutta. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 2 bedrooms priced at $356,692.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $54 / sq.feet, with an average $6,075 / sq.feet price in Cohutta. The properties with the lowest average prices have 2 bedrooms. They are 95 % cheaper than the average followed by properties with 3 bedrooms with a price at $175 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $346,044 it is 50 % cheaper than the average price in Cohutta. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $172,011 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $10 / sq.feet followed by "House" priced at $146 / sq.feet. "House" is the cheapest type of property with a $146 / sq.feet value followed by "Farm" with an average price of $10 / sq.feet.
