The prices in real estate in Hartwell, 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 Hartwell has increased strongly during the last 6 months. In August, the average price per sq.feet was $108. In the following month the price per sq.feet increased considerably to $127. In the following two months the price per sq.feet has increased 111 %, going from $117.5 to $131 per sq.feet. The price per sq.feet has increased 107 % 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 $124.25 to $133.5 during December, and January.
Based upon to the price in Hartwell (cities), this has fallen considerably in the last 6 months. The average price for August is $443,738. During September the price had a considerable reduction till $320,183. During the following two months (October, November) the average price had a considerable reduction of 84 % 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 $350,874.75 to $296,086, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $288,914 they are 58 % more affordable than the average price for Hartwell. The properties with the highest average price have 4 bedrooms, Their price is 86 % more costly than the average. After that we have properties with 3 bedrooms priced at $288,416.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $132 / sq.feet price in Hartwell. The properties with the highest average prices have 4 bedrooms. They are 15 % more expensive than the average followed by properties with 1 bedroom with a price at $139 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $288,914 it is 14 % more expensive than the average price in Hartwell. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Commercial". At a price of $328,057 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $95 / sq.feet followed by "House" priced at $136 / sq.feet. "House" is the most costly type of property with a $136 / sq.feet cost followed by "Commercial" with an average price of $95 / sq.feet.