Property prices for sale in East Point (Georgia)
The prices in real estate in East Point, 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 East Point has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $473. In the following month the price per sq.feet decreased considerably to $139. The price for the following two months in (October, November) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 66 % 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 $225.75 to $150 during December, and January.
Based upon to the price in East Point (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $192,125. In September This price remains at $194,102. During the following two months (October, November) the price has had an average incrementation from $193,113.5 to $209,604.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $212,805 they are 24 % more affordable than the average price for East Point. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 1 bedroom priced at $162,593.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $102 / sq.feet, with an average $147 / sq.feet price in East Point. The properties with the lowest average prices have 4 bedrooms. They are 9 % cheaper than the average followed by properties with 1 bedroom with a price at $102 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $212,805 it is 35 % cheaper than the average price in East Point. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $185,363 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $89 / sq.feet followed by "Condo" priced at $121 / sq.feet. "House" is the cheapest type of property with a $141 / sq.feet value followed by "Condo" with an average price of $121 / sq.feet.
