The prices in real estate in Powder Springs, in the Georgia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Powder Springs has increased during the last 6 months. In February, the average price per sq.feet was $123. In March this price pretty much remained the same at a value of $126 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $124.5 to $127 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $125.75 to $146 during June, and July.
Based upon to the price in Powder Springs (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $338,403. In March This price remains at $323,925. During the following two months (April, May) the price has had an average incrementation from $331,164 to $361,238. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $450,431 they are 71 % more affordable than the average price for Powder Springs. The properties with the lowest average price have 1 bedroom, Their price is 0 % cheaper than the average. After that we have properties with 4 bedrooms priced at $286,415.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $87 / sq.feet, with an average $161 / sq.feet price in Powder Springs. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 3 bedrooms with a price at $104 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $450,431 it is 26 % cheaper than the average price in Powder Springs. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $332,815 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $102 / sq.feet followed by "House" priced at $122 / sq.feet. "House" is the cheapest type of property with a $122 / sq.feet value followed by "Land" with an average price of $102 / sq.feet.