The prices in real estate in East Point, 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 East Point has increased strongly during the last 6 months. In April, the average price per sq.feet was $122. In May this price pretty much remained the same at a value of $124 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 772 %. The price per sq.feet has had a considerable deflation of 24 % 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 $536 to $131 during August, and September.
Based upon to the price in East Point (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $188,712. In May This price remains at $179,681. In the following two months the average price has remained the same with regard to the previous two months from $184,196.5 to $179,707. 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 $181,951.75 and $185,526.5 between August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 11 % cheaper than the average price of $163,575 in East Point. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 11 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 16 % cheaper than the average price of ($108 / sq.feet) in East Point. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 16 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $184,141 it is 23 % cheaper than the average price in East Point. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $161,177 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $84 / sq.feet followed by "Commercial" priced at $105 / sq.feet. "Apartment" is the cheapest type of property with a $108 / sq.feet value followed by "Commercial" with an average price of $105 / sq.feet.