Property prices for sale in Lake Park (Georgia)
The prices in real estate in Lake Park, 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 Lake Park has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,944. In the following month the price per sq.feet decreased considerably to $162. The price for the following two months in (December, January) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 30 % 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 $615.75 to $185.5 during February, and March.
Based upon to the price in Lake Park (cities), this has gone up considerably in the last 6 months. The price in October is $299,969, rising in November till $341,705. During the following two months (December, January) the price has had an average incrementation from $320,837 to $353,726. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $379,311 they are 54 % more affordable than the average price for Lake Park. The properties with the highest average price have 1 bedroom, Their price is 18 % more costly than the average. After that we have properties with 2 bedrooms priced at $177,139.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $26 / sq.feet, with an average $187 / sq.feet price in Lake Park. The properties with the highest average prices have 1 bedroom. They are 444 % more expensive than the average followed by properties with 2 bedrooms with a price at $31 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $379,311 it is 71 % cheaper than the average price in Lake Park. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "". At a price of $111,781 it is 54 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $26 / sq.feet. "Apartment" with an average cost of $26 / sq.feet has the lowest price and would be directed at less affluent cities.
