Property prices for sale in Millen (Georgia)
The prices in real estate in Millen, 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 Millen has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $641. In the following month the price per sq.feet decreased considerably to $120. The price for the following two months in (December, January) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable increase of 166 % 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 $293.75 to $487 during February, and March.
Based upon to the price in Millen (cities), this has gone up in the last 6 months. The price in October is $218,426, rising in November till $247,582. In the following two months the average price has remained the same with regard to the previous two months from $233,004 to $234,925.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $272,082 they are 60 % more affordable than the average price for Millen. The properties with the highest average price have 1 bedroom, Their price is 77 % more costly than the average. After that we have properties with 4 bedrooms priced at $194,870.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $64 / sq.feet, with an average $515 / sq.feet price in Millen. The properties with the highest average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 4 bedrooms with a price at $81 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $272,082 it is 75 % cheaper than the average price in Millen. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $68,731 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $11 / sq.feet followed by "House" priced at $79 / sq.feet. "House" is the cheapest type of property with a $79 / sq.feet value followed by "Land" with an average price of $11 / sq.feet.
