The prices in real estate in Moreland, 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 Moreland has increased strongly during the last 6 months. In October, the average price per sq.feet was $190. In November this price pretty much remained the same at a value of $195 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $192.5 to $201 per sq.feet. The price per sq.feet has had a considerable increase of 2727 % 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 $196.75 to $5,365 during February, and March.
Based upon to the price in Moreland (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $568,429. In November This price remains at $557,974. In the following two months the average price has remained the same with regard to the previous two months from $563,201.5 to $544,473. 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 $553,837.25 and $542,191.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $551,478 they are 35 % more affordable than the average price for Moreland. The properties with the lowest average price have 1 bedroom, Their price is 35 % cheaper than the average. After that we have properties with 2 bedrooms priced at $357,679.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $62 / sq.feet, with an average $9,171 / sq.feet price in Moreland. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $62 / sq.feet.
With regard to the average price based upon the property in Moreland we can see that the cheapest property type is "House" at a price of $357,679, they are 35 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 35 % more affordable 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 $62 / sq.feet. "House" with an average cost of $62 / sq.feet has the lowest price and would be directed at less affluent cities.