The prices in real estate in Rabun Gap, 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 Rabun Gap has increased strongly during the last 6 months. In September, the average price per sq.feet was $261. In the following month the price per sq.feet increased considerably to $1,694. The price for the following two months in (November, December) had a considerable decrease of 23 with regard to the prior two months. The price per sq.feet has had a considerable increase of 655 % 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 $601 to $3,934 during January, and February.
Based upon to the price in Rabun Gap (cities), this has gone downing the last 6 months. The average price for September is $512,221. During October the price had a slight fall till $463,138. During the following two months (November, December) the price has had an average incrementation from $487,679.5 to $533,163.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $510,421.5 to $446,831.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $411,288 they are 38 % more affordable than the average price for Rabun Gap. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 2 bedrooms priced at $255,218.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $74 / sq.feet, with an average $3,942 / sq.feet price in Rabun Gap. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $74 / sq.feet.
With regard to the average price based upon the property in Rabun Gap we can see that the cheapest property type is "House" at a price of $255,218, they are 38 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 38 % 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 $74 / sq.feet. "House" with an average cost of $74 / sq.feet has the lowest price and would be directed at less affluent cities.