Property prices for sale in Forest Park (Georgia)
The prices in real estate in Forest Park, 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 Forest Park has increased during the last 6 months. In November, the average price per sq.feet was $154. In December this price pretty much remained the same at a value of $160 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $157 to $165.5 per sq.feet. The price per sq.feet has increased 108 % 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 $161.25 to $174 during March, and April.
Based upon to the price in Forest Park (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $210,764. In December This price remains at $220,777. In the following two months the average price has remained the same with regard to the previous two months from $215,770.5 to $226,138.5. 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 $220,954.5 and $220,831 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $222,956 they are 57 % more affordable than the average price for Forest Park. The properties with the lowest average price have 4 bedrooms, Their price is 26 % cheaper than the average. After that we have properties with 2 bedrooms priced at $116,725.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $68 / sq.feet, with an average $174 / sq.feet price in Forest Park. The properties with the lowest average prices have 1 bedroom. They are 44 % cheaper than the average followed by properties with 2 bedrooms with a price at $90 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $222,956 it is 77 % cheaper than the average price in Forest Park. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $90,716 it is 45 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $56 / sq.feet followed by "House" priced at $76 / sq.feet. "Commercial Property" is the most costly type of property with a $375 / sq.feet cost followed by "Townhouse" with an average price of $145 / sq.feet.
