Property prices for sale in Elberton (Georgia)
The prices in real estate in Elberton, 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 Elberton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,964. In the following month the price per sq.feet decreased considerably to $857. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 126 % 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 $2,132 to $2,685 during February, and March.
Based upon to the price in Elberton (cities), this has gone up in the last 6 months. The price in October is $228,677, rising in November till $250,973. During the following two months (December, January) the price has had an average incrementation from $239,825 to $264,564.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $252,194.75 to $228,399 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $221,351 they are 35 % more affordable than the average price for Elberton. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 1 bedroom priced at $234,038.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $103 / sq.feet, with an average $2,684 / sq.feet price in Elberton. The properties with the lowest average prices have 1 bedroom. They are 85 % cheaper than the average followed by properties with 3 bedrooms with a price at $104 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $221,351 it is 22 % cheaper than the average price in Elberton. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $172,809 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $95 / sq.feet followed by "Land" priced at $3,895 / sq.feet. "Land" is the most costly type of property with a $3,895 / sq.feet cost followed by "House" with an average price of $95 / sq.feet.
