The prices in real estate in Dearing, 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 Dearing has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $8,489. In the following month the price per sq.feet decreased considerably to $2,379. The price for the following two months in (January, February) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 37 % 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 $4,282.25 to $1,584.5 during March, and April.
Based upon to the price in Dearing (cities), this has gone up in the last 6 months. The price in November is $219,675, rising in December till $243,864. During the following two months (January, February) the average price had a considerable increase of 123 % 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 $258,965.75 to $218,092, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $225,370 they are 43 % more affordable than the average price for Dearing. The properties with the lowest average price have 2 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 1 bedroom priced at $128,702.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $30 / sq.feet, with an average $923 / sq.feet price in Dearing. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $30 / sq.feet.
With regard to the average price based upon the property in Dearing we can see that the cheapest property type is "House" at a price of $162,141, they are 28 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 28 % 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 $16 / sq.feet. "House" with an average cost of $16 / sq.feet has the lowest price and would be directed at less affluent cities.