The prices in real estate in Flowery Branch, in the Georgia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Flowery Branch has increased during the last 6 months. In May, the average price per sq.feet was $224. In the following month the price per sq.feet increased to $249. The price for the following two months in (July, August) had a considerable increment of 140 %. The price per sq.feet has had a considerable deflation of 47 % 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 $284 to $133 during September, and October.
Based upon to the price in Flowery Branch (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $440,461. In June This price remains at $461,813. During the following two months (July, August) the price has had an average incrementation from $451,137 to $500,437.5. During the last two months the average price has had a strong fall compared to the previous four going from $475,787.25 to $371,241, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $389,662 they are 35 % more affordable than the average price for Flowery Branch. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 1 bedroom priced at $340,991.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $134 / sq.feet price in Flowery Branch. The properties with the highest average prices have 1 bedroom. They are 289 % more expensive than the average followed by properties with 2 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $389,662 it is 48 % cheaper than the average price in Flowery Branch. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Townhouse". At a price of $390,892 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $48 / sq.feet followed by "Commercial" priced at $109 / sq.feet. "House" is the cheapest type of property with a $131 / sq.feet value followed by "Condo" with an average price of $118 / sq.feet.