The prices in real estate in Mineral Bluff, 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 Mineral Bluff has increased strongly during the last 6 months. In October, the average price per sq.feet was $375. In the following month the price per sq.feet increased to $397. In the following two months the price per sq.feet has barely changed, going from $386 to $367 per sq.feet. The price per sq.feet has had a considerable increase of 492 % 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 $376.5 to $1,850.5 during February, and March.
Based upon to the price in Mineral Bluff (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $747,296. During November the price went through a considerable rise reaching $896,312. During the following two months (December, January) the price has had an average incrementation from $821,804 to $869,982.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $845,893.25 to $793,897 in 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 $759,994 they are 45 % more affordable than the average price for Mineral Bluff. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 3 bedrooms priced at $729,161.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $293 / sq.feet, with an average $2,657 / sq.feet price in Mineral Bluff. The properties with the lowest average prices have 1 bedroom. They are 71 % cheaper than the average followed by properties with 4 bedrooms with a price at $429 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $759,994 it is 83 % cheaper than the average price in Mineral Bluff. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $131,693 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $356 / sq.feet followed by "Land" priced at $49,772 / sq.feet. "Land" is the most costly type of property with a $49,772 / sq.feet cost followed by "House" with an average price of $356 / sq.feet.