Property prices for sale in Gillsville (Georgia)
The prices in real estate in Gillsville, 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 Gillsville has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,374. In the following month the price per sq.feet increased considerably to $18,721. The price for the following two months in (December, January) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable increase of 192 % 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 $5,367 to $10,291.5 during February, and March.
Based upon to the price in Gillsville (cities), this has fallen considerably in the last 6 months. The average price for October is $593,650. During November the price had a considerable reduction till $463,718. During the following two months (December, January) the average price had a considerable reduction of 71 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $452,927.5 to $371,381, which means a 82 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 52 % cheaper than the average price of $169,597 in Gillsville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 52 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($55 / sq.feet) in Gillsville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $356,433 it is 66 % cheaper than the average price in Gillsville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $121,785 it is 52 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $29 / sq.feet followed by "House" priced at $55 / sq.feet. "House" is the cheapest type of property with a $55 / sq.feet value followed by "Farm" with an average price of $29 / sq.feet.
