The prices in real estate in Lookout Mountain, in the Georgia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Lookout Mountain has increased during the last 6 months. In March, the average price per sq.feet was $150. In April this price pretty much remained the same at a value of $145 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 120 %. The price per sq.feet has increased 106 % 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 $162 to $172.5 during July, and August.
Based upon to the price in Lookout Mountain (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $660,444. In April This price remains at $682,571. During the following two months (May, June) the average price had a considerable reduction of 73 % 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 $581,760.75 to $404,093.5, which means a 69 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 38 % more costly than the average price of $536,000 in Lookout Mountain. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 38 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 15 % cheaper than the average price of ($146 / sq.feet) in Lookout Mountain. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Lookout Mountain we can see that most expensive property type is "House" at a price of $536,000, they are 38 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 38 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $146 / sq.feet. "House" with an average cost of $146 / sq.feet has the lowest price and would be directed at less affluent cities.