The prices in real estate in Douglas, 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 Douglas has increased strongly during the last 6 months. In October, the average price per sq.feet was $791. In the following month the price per sq.feet decreased considerably to $409. The price for the following two months in (December, January) had a considerable increment of 226 %. The price per sq.feet has had a considerable increase of 149 % 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 $979 to $1,461 during February, and March.
Based upon to the price in Douglas (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $255,969. In November This price remains at $259,992. In the following two months the average price has remained the same with regard to the previous two months from $257,980.5 to $246,492.5. 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 $252,236.5 and $251,741.5 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 $254,595 they are 79 % more affordable than the average price for Douglas. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $189,276.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $11 / sq.feet, with an average $1,445 / sq.feet price in Douglas. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $39 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $254,595 it is 68 % cheaper than the average price in Douglas. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $146,241 it is 41 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $12 / sq.feet followed by "House" priced at $35 / sq.feet. "House" is the cheapest type of property with a $35 / sq.feet value followed by "Land" with an average price of $12 / sq.feet.