The prices in real estate in Colbert, 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 Colbert has increased strongly during the last 6 months. In September, the average price per sq.feet was $1,350. In the following month the price per sq.feet increased considerably to $2,519. The price for the following two months in (November, December) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable increase of 668 % 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 $1,074.5 to $7,182 during January, and February.
Based upon to the price in Colbert (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $331,705. During October the price went through a considerable rise reaching $383,438. During the following two months (November, December) the average price had a considerable increase of 131 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $413,287.5 to $348,126, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 21 % cheaper than the average price of $286,354 in Colbert. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($55 / sq.feet) in Colbert. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Colbert we can see that the cheapest property type is "House" at a price of $286,354, 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 $55 / sq.feet. "House" with an average cost of $55 / sq.feet has the lowest price and would be directed at less affluent cities.