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 May, the average price per sq.feet was $102. In June this price pretty much remained the same at a value of $107 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 523 %. The price per sq.feet has had a considerable deflation of 35 % 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 $325.5 to $113.5 during September, and October.
Based upon to the price in Forsyth (cities), this has gone up considerably in the last 6 months. The price in May is $282,814, rising in June till $311,199. During the following two months (July, August) the average price had a considerable increase of 123 % with regard to the previous two months. 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 $331,783.5 and $342,945 between September and October.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 4 % cheaper than the average price of $313,015 in Forsyth. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % cheaper than the average price of ($97 / sq.feet) in Forsyth. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $324,845 it is 4 % cheaper than the average price in Forsyth. "Office" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Apartment". At a price of $313,015 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $97 / sq.feet followed by "Office" priced at $112 / sq.feet. "Office" is the most costly type of property with a $112 / sq.feet cost followed by "Apartment" with an average price of $97 / sq.feet.