Property prices for sale in Commerce (Georgia)
The prices in real estate in Commerce, 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 Commerce has increased strongly during the last 6 months. In October, the average price per sq.feet was $190. In the following month the price per sq.feet increased to $207. In the following two months the price per sq.feet has increased 108 %, going from $198.5 to $213.5 per sq.feet. The price per sq.feet has had a considerable increase of 572 % 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 $206 to $1,177.5 during February, and March.
Based upon to the price in Commerce (cities), this has gone up in the last 6 months. The price in October is $368,291, rising in November till $395,660. During the following two months (December, January) the price has had an average incrementation from $381,975.5 to $408,442.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $395,209 and $401,908 between 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 $389,786 they are 68 % more affordable than the average price for Commerce. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $414,833.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $2,133 / sq.feet price in Commerce. The properties with the lowest average prices have 3 bedrooms. They are 89 % cheaper than the average followed by properties with 4 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $389,786 it is 47 % cheaper than the average price in Commerce. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $399,116 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Multi Family House" at an average cost of $24 / sq.feet followed by "House" priced at $196 / sq.feet. "Land" is the most costly type of property with a $34,916 / sq.feet cost followed by "House" with an average price of $196 / sq.feet.
