The prices in real estate in Pine Mountain, 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 Pine Mountain has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $184. In the following month the price per sq.feet decreased considerably to $130. The price for the following two months in (August, September) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $139.25 to $120 during October, and November.
Based upon to the price in Pine Mountain (cities), this has fallen considerably in the last 6 months. The average price for June is $826,225. During July the price had a considerable reduction till $434,150. During the following two months (August, September) the average price had a considerable reduction of 58 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $498,675.75 to $325,254.5, which means a 65 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 19 % more costly than the average price of $356,045 in Pine Mountain. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 19 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % more costly than the average price of ($138 / sq.feet) in Pine Mountain. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Pine Mountain we can see that most expensive property type is "House" at a price of $356,045, they are 19 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 19 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $138 / sq.feet. "House" at an average price of $138 / sq.feet has the most expensive price and would be directed at more affluent cities.