Property prices for sale in Morganton (Georgia)
The prices in real estate in Morganton, 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 Morganton has increased strongly during the last 6 months. In October, the average price per sq.feet was $502. In the following month the price per sq.feet decreased considerably to $377. The price for the following two months in (December, January) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has had a considerable increase of 346 % 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 $389.25 to $1,345.5 during February, and March.
Based upon to the price in Morganton (cities), this has gone up in the last 6 months. The price in October is $779,685, rising in November till $877,427. During the following two months (December, January) the price has had an average incrementation from $828,556 to $902,622. 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 $865,589 and $850,753.5 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 $812,519 they are 66 % more affordable than the average price for Morganton. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $766,894.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $337 / sq.feet, with an average $2,339 / sq.feet price in Morganton. The properties with the highest average prices have 2 bedrooms. They are 1218 % more expensive than the average followed by properties with 1 bedroom with a price at $513 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $812,519 it is 86 % cheaper than the average price in Morganton. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $111,587 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 $362 / sq.feet followed by "Land" priced at $63,725 / sq.feet. "Land" is the most costly type of property with a $63,725 / sq.feet cost followed by "House" with an average price of $362 / sq.feet.
