The prices in real estate in Georgetown, in the Kentucky region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Georgetown has remained the same in the last 6 months. In October, the average price per sq.feet was $1,044. In the following month the price per sq.feet increased considerably to $1,609. The price for the following two months in (December, January) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has increased 110 % 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 $1,016.25 to $1,116 during February, and March.
Based upon to the price in Georgetown (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $368,381. In November This price remains at $353,537. In the following two months the average price has remained the same with regard to the previous two months from $360,959 to $368,771.5. 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 $364,865.25 and $375,135 between 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 $353,893 they are 32 % more affordable than the average price for Georgetown. The properties with the highest average price have 1 bedroom, Their price is 34 % more costly than the average. After that we have properties with 4 bedrooms priced at $414,256.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $197 / sq.feet price in Georgetown. The properties with the highest average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 3 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $353,893 it is 71 % cheaper than the average price in Georgetown. "Detached House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $342,019 it is 74 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $28 / sq.feet followed by "Detached House" priced at $33 / sq.feet. "Office" is the most costly type of property with a $44,053 / sq.feet cost followed by "Condo" with an average price of $4,718 / sq.feet.