The prices in real estate in Hiawassee, in the Georgia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Hiawassee has fallen in the last 6 months. In April, the average price per sq.feet was $982. In the following month the price per sq.feet increased considerably to $1,579. The price for the following two months in (June, July) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $1,099 to $549 during August, and September.
Based upon to the price in Hiawassee (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $125,710. During May the price went through a considerable rise reaching $184,025. During the following two months (June, July) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $211,531 they are 41 % more affordable than the average price for Hiawassee. The properties with the highest average price have 4 bedrooms, Their price is 93 % more costly than the average. After that we have properties with 3 bedrooms priced at $317,896.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $646 / sq.feet, with an average $175 / sq.feet price in Hiawassee. The properties with the highest average prices have 4 bedrooms. They are 1386 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,628 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most costly one. At an cost of $211,531 it is 38 % more expensive than the average price in Hiawassee. "House" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "House". At a price of $338,973 it is 65 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $129 / sq.feet followed by "House" priced at $2,819 / sq.feet. "Commercial" is the most costly type of property with a $3,180 / sq.feet cost followed by "House" with an average price of $2,819 / sq.feet.