The prices in real estate in Cornelia, in the Georgia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Cornelia has increased during the last 6 months. In March, the average price per sq.feet was $108. In April this price pretty much remained the same at a value of $110 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $109 to $112.5 per sq.feet. The price per sq.feet has had a considerable increase of 121 % 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 $110.75 to $134.5 during July, and August.
Based upon to the price in Cornelia (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $344,291. In April This price remains at $354,374. During the following two months (May, June) the average price had a considerable reduction of 76 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 307 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,097,650 they are 77 % more affordable than the average price for Cornelia. The properties with the lowest average price have 2 bedrooms, Their price is 76 % cheaper than the average. After that we have properties with 1 bedroom priced at $247,832.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $89 / sq.feet, with an average $146 / sq.feet price in Cornelia. The properties with the lowest average prices have 1 bedroom. They are 32 % cheaper than the average followed by properties with 2 bedrooms with a price at $89 / sq.feet.
With regard to the average price based upon the property in Cornelia we can see that the cheapest property type is "House" at a price of $265,925, they are 76 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 76 % 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 $89 / sq.feet. "House" with an average cost of $89 / sq.feet has the lowest price and would be directed at less affluent cities.