The prices in real estate in Portal, 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 Portal has increased strongly during the last 6 months. In September, the average price per sq.feet was $224. In the following month the price per sq.feet increased considerably to $1,324. The price for the following two months in (November, December) had a considerable increment of 419 %. The price per sq.feet has had a considerable increase of 186 % 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 $2,009.75 to $3,743.5 during January, and February.
Based upon to the price in Portal (cities), this has fallen considerably in the last 6 months. The average price for September is $1,012,500. During October the price had a considerable reduction till $259,690. During the following two months (November, December) the average price had a considerable reduction of 63 % 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 $518,125.25 to $302,292.5, which means a 58 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 50 % more costly than the average price of $464,966 in Portal. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 50 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($63 / sq.feet) in Portal. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Portal we can see that the cheapest property type is "Apartment" at a price of $150,769, they are 51 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 51 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $64 / sq.feet. "Apartment" with an average cost of $64 / sq.feet has the lowest price and would be directed at less affluent cities.