Property prices for sale in Hiawassee (Georgia)
The prices in real estate in Hiawassee, 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 Hiawassee has increased strongly during the last 6 months. In November, the average price per sq.feet was $840. In the following month the price per sq.feet increased considerably to $4,850. The price for the following two months in (January, February) had a considerable increment of 636 %. The price per sq.feet has had a considerable deflation of 78 % 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 $10,464 to $8,147 during March, and April.
Based upon to the price in Hiawassee (cities), this has fallen considerably in the last 6 months. The average price for November is $715,767. During December the price had a considerable reduction till $568,308. During the following two months (January, February) the average price fell 90 % 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 $608,977.5 to $508,232.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $520,067 they are 69 % more affordable than the average price for Hiawassee. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $534,578.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $250 / sq.feet, with an average $2,423 / sq.feet price in Hiawassee. The properties with the lowest average prices have 2 bedrooms. They are 87 % cheaper than the average followed by properties with 1 bedroom with a price at $291 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $520,067 it is 74 % cheaper than the average price in Hiawassee. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $573,598 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $277 / sq.feet followed by "Condo" priced at $365 / sq.feet. "Land" is the most costly type of property with a $55,788 / sq.feet cost followed by "Condo" with an average price of $365 / sq.feet.
