Property prices for sale in Folkston (Georgia)
The prices in real estate in Folkston, 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 Folkston has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,168. In the following month the price per sq.feet increased considerably to $2,041. The price for the following two months in (December, January) had a considerable increment of 121 %. The price per sq.feet has had a considerable increase of 243 % 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 $1,776 to $4,320.5 during February, and March.
Based upon to the price in Folkston (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $281,230. In November This price remains at $282,419. During the following two months (December, January) the average price had a considerable increase of 122 % with regard to the previous two months. 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 $312,642.75 to $290,192.5 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 $291,760 they are 43 % more affordable than the average price for Folkston. The properties with the lowest average price have 1 bedroom, Their price is 41 % cheaper than the average. After that we have properties with 2 bedrooms priced at $165,421.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $31 / sq.feet, with an average $5,763 / sq.feet price in Folkston. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $31 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $291,760 it is 56 % cheaper than the average price in Folkston. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $128,587 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $24 / sq.feet followed by "House" priced at $31 / sq.feet. "House" is the cheapest type of property with a $31 / sq.feet value followed by "Land" with an average price of $24 / sq.feet.
