The prices in real estate in Gordon, in the Georgia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Gordon has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,431. In November this price pretty much remained the same at a value of $2,437 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $1,618.5 to $1,344.5 during February, and March.
Based upon to the price in Gordon (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $194,690. During November the price went through a considerable rise reaching $235,368. In the following two months the average price has remained the same with regard to the previous two months from $215,029 to $209,994. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $212,511.5 to $197,911.5 in February and March.
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 $100,566 in Gordon. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 52 % more affordable than the average aforementioned.
According to average price per property type in Gordon, "" priced at $100,566 is 52 % cheaper than the average price ($209,488) in this city.