The prices in real estate in Johns Creek, 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 Johns Creek has increased strongly during the last 6 months. In March, the average price per sq.feet was $161. In April this price pretty much remained the same at a value of $160 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $160.5 to $166 per sq.feet. The price per sq.feet has had a considerable increase of 136 % 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 $163.25 to $221.5 during July, and August.
Based upon to the price in Johns Creek (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $644,041. In April This price remains at $637,799. During the following two months (May, June) the price has had an average incrementation from $640,920 to $680,315. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $770,555 they are 24 % more affordable than the average price for Johns Creek. The properties with the lowest average price have 2 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 1 bedroom priced at $594,233.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $167 / sq.feet, with an average $179 / sq.feet price in Johns Creek. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $181 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $770,555 it is 25 % cheaper than the average price in Johns Creek. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Villa". At a price of $581,109 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $162 / sq.feet followed by "House" priced at $167 / sq.feet. "House" is the cheapest type of property with a $167 / sq.feet value followed by "Villa" with an average price of $162 / sq.feet.