Property prices for sale in Forsyth (Georgia)
The prices in real estate in Forsyth, 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 Forsyth has increased strongly during the last 6 months. In October, the average price per sq.feet was $178. In November this price pretty much remained the same at a value of $181 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $179.5 to $191 per sq.feet. The price per sq.feet has had a considerable increase of 611 % 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 $185.25 to $1,131.5 during February, and March.
Based upon to the price in Forsyth (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $517,510. In November This price remains at $510,788. In the following two months the average price has remained the same with regard to the previous two months from $514,149 to $502,017.5. 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 $508,083.25 and $492,955 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $466,561 they are 70 % more affordable than the average price for Forsyth. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $349,261.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $154 / sq.feet, with an average $2,079 / sq.feet price in Forsyth. The properties with the lowest average prices have 2 bedrooms. They are 88 % cheaper than the average followed by properties with 4 bedrooms with a price at $195 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $466,561 it is 78 % cheaper than the average price in Forsyth. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $549,461 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $177 / sq.feet followed by "House" priced at $181 / sq.feet. "Land" is the most costly type of property with a $33,293 / sq.feet cost followed by "House" with an average price of $181 / sq.feet.
