Property prices for sale in Ellenwood (Georgia)
The prices in real estate in Ellenwood, 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 Ellenwood has increased strongly during the last 6 months. In October, the average price per sq.feet was $148. In November this price pretty much remained the same at a value of $152 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $150 to $150.5 per sq.feet. The price per sq.feet has had a considerable increase of 254 % 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 $150.25 to $381.5 during February, and March.
Based upon to the price in Ellenwood (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $329,392. In November This price remains at $326,553. In the following two months the average price has remained the same with regard to the previous two months from $327,972.5 to $338,119.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $333,046 to $310,483 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 $310,489 they are 40 % more affordable than the average price for Ellenwood. The properties with the lowest average price have 1 bedroom, Their price is 30 % cheaper than the average. After that we have properties with 2 bedrooms priced at $187,567.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $32 / sq.feet, with an average $613 / sq.feet price in Ellenwood. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 2 bedrooms with a price at $32 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $310,489 it is 40 % cheaper than the average price in Ellenwood. "Farm" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $190,904 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $10 / sq.feet followed by "Condo" priced at $14 / sq.feet. "House" is the cheapest type of property with a $32 / sq.feet value followed by "Apartment" with an average price of $25 / sq.feet.
