The prices in real estate in Eastman, 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 Eastman has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $556. In the following month the price per sq.feet decreased considerably to $115. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable increase of 154 % 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 $308.5 to $475.5 during February, and March.
Based upon to the price in Eastman (cities), this has gone downing the last 6 months. The average price for October is $251,472. During November the price had a slight fall till $224,547. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. 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 $225,515.5 and $229,843.5 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 $221,565 they are 84 % more affordable than the average price for Eastman. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $173,195.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $4 / sq.feet, with an average $434 / sq.feet price in Eastman. The properties with the lowest average prices have 4 bedrooms. They are 76 % cheaper than the average followed by properties with 3 bedrooms with a price at $94 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $221,565 it is 54 % cheaper than the average price in Eastman. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $101,156 it is 12 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $93 / sq.feet. "House" with an average cost of $93 / sq.feet has the lowest price and would be directed at less affluent cities.