The prices in real estate in Pine Lake, 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 Pine Lake has increased strongly during the last 6 months. In November, the average price per sq.feet was $158. In the following month the price per sq.feet decreased to $142. In the following two months the price per sq.feet has barely changed, going from $150 to $150.5 per sq.feet. The price per sq.feet has had a considerable increase of 157 % 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 $150.25 to $236.5 during March, and April.
Based upon to the price in Pine Lake (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $333,514. In December This price remains at $341,200. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $328,524.25 to $306,271 in March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 19 % cheaper than the average price of $208,358 in Pine Lake. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 33 % cheaper than the average price of ($136 / sq.feet) in Pine Lake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 33 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Pine Lake we can see that the cheapest property type is "House" at a price of $208,358, they are 19 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 19 % 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 $136 / sq.feet. "House" with an average cost of $136 / sq.feet has the lowest price and would be directed at less affluent cities.