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 November, the average price per sq.feet was $143. In December this price pretty much remained the same at a value of $143 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 144 % 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 $162.25 to $233.5 during March, and April.
Based upon to the price in Rabun Gap (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $422,113. In December This price remains at $418,575. In the following two months the average price has remained the same with regard to the previous two months from $420,344 to $423,699.5. During the last two months the average price has had a strong fall compared to the previous four going from $422,021.75 to $320,641.5, which means a 76 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 23 % cheaper than the average price of $264,067 in Rabun Gap. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 23 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 49 % cheaper than the average price of ($108 / sq.feet) in Rabun Gap. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 49 % cheaper than the average value aforementioned.
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 $264,067, they are 23 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 23 % 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 $108 / sq.feet. "House" with an average cost of $108 / sq.feet has the lowest price and would be directed at less affluent cities.