The prices in real estate in Colquitt, 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 Colquitt has increased strongly during the last 6 months. In November, the average price per sq.feet was $140. In the following month the price per sq.feet decreased considerably to $102. The price for the following two months in (January, February) had a considerable increment of 245 %. The price per sq.feet has had a considerable increase of 802 % 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 $208.5 to $1,673 during March, and April.
Based upon to the price in Colquitt (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $228,555. In December This price remains at $228,977. In the following two months the average price has remained the same with regard to the previous two months from $228,766 to $233,865. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $231,315.5 to $202,719.5 in March and April.