Property prices for sale in Cordele (Georgia)
The prices in real estate in Cordele, 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 Cordele has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,160. In the following month the price per sq.feet decreased considerably to $207. In the following two months the price per sq.feet has increased 115 %, going from $1,183.5 to $1,355.5 per sq.feet. The price per sq.feet has had a considerable increase of 214 % 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 $1,269.5 to $2,720 during February, and March.
Based upon to the price in Cordele (cities), this has gone downing the last 6 months. The average price during our first sample month during October, is $325,710. During November the price went through a considerable rise reaching $384,493. During the following two months (December, January) the average price had a considerable reduction of 83 % 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 $325,762 to $249,419.5, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $256,011 they are 27 % more affordable than the average price for Cordele. The properties with the highest average price have 4 bedrooms, Their price is 200 % more costly than the average. After that we have properties with 2 bedrooms priced at $348,576.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $3,435 / sq.feet price in Cordele. The properties with the lowest average prices have 4 bedrooms. They are 92 % cheaper than the average followed by properties with 2 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $256,011 it is 42 % more expensive than the average price in Cordele. "Land" is seen as the second dearest property type. The dearest property type is "Detached House" followed by "Land". At a price of $451,803 it is 103 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $174 / sq.feet followed by "Detached House" priced at $208 / sq.feet. "Land" is the most costly type of property with a $89,173 / sq.feet cost followed by "Detached House" with an average price of $208 / sq.feet.
