Property prices for sale in Locust Grove (Georgia)
The prices in real estate in Locust Grove, 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 Locust Grove has increased strongly during the last 6 months. In October, the average price per sq.feet was $164. In the following month the price per sq.feet increased considerably to $1,330. In the following two months the price per sq.feet has barely changed, going from $747 to $771.5 per sq.feet. The price per sq.feet has had a considerable increase of 241 % 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 $759.25 to $1,831.5 during February, and March.
Based upon to the price in Locust Grove (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $384,907. In November This price remains at $401,514. In the following two months the average price has remained the same with regard to the previous two months from $393,210.5 to $381,765.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $387,488 and $384,713.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $392,840 they are 63 % more affordable than the average price for Locust Grove. The properties with the lowest average price have 4 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 3 bedrooms priced at $232,021.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $2,256 / sq.feet price in Locust Grove. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $98 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $392,840 it is 49 % cheaper than the average price in Locust Grove. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $259,064 it is 13 % 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 $9 / sq.feet followed by "Detached House" priced at $17 / sq.feet. "Apartment" is the cheapest type of property with a $157 / sq.feet value followed by "House" with an average price of $82 / sq.feet.
