The prices in real estate in Decatur, 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 Decatur has increased during the last 6 months. In January, the average price per sq.feet was $162. In February this price pretty much remained the same at a value of $156 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $159 to $180 per sq.feet. The price per sq.feet has increased 113 % 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 $169.5 to $192 during May, and June.
Based upon to the price in Decatur (cities), this has gone up in the last 6 months. The average price for January is $298,433. During February the price had a slight fall till $283,157. During the following two months (March, April) the price has had an average incrementation from $290,795 to $331,624.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $358,517 they are 48 % more affordable than the average price for Decatur. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $287,257.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $179 / sq.feet, with an average $196 / sq.feet price in Decatur. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $358,517 it is 36 % cheaper than the average price in Decatur. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $353,516 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $136 / sq.feet followed by "Office" priced at $139 / sq.feet. "House" is the most costly type of property with a $201 / sq.feet cost followed by "Condo" with an average price of $183 / sq.feet.