The prices in real estate in Ranger, 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 Ranger has increased strongly during the last 6 months. In October, the average price per sq.feet was $354. In the following month the price per sq.feet increased considerably to $711. The price for the following two months in (December, January) had a considerable decrease of 37 with regard to the prior two months. The price per sq.feet has had a considerable increase of 2911 % 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 $363.75 to $10,589 during February, and March.
Based upon to the price in Ranger (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $554,013. During November the price went through a considerable rise reaching $1,225,980. During the following two months (December, January) the average price had a considerable reduction of 34 % 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 $597,088.75 to $120,225.5, which means a 20 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $111,213 they are 35 % more affordable than the average price for Ranger. The properties with the highest average price have 1 bedroom, Their price is 952 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,017,673.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $56 / sq.feet, with an average $10,676 / sq.feet price in Ranger. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 4 bedrooms with a price at $126 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most costly one. At an cost of $111,213 it is 146 % more expensive than the average price in Ranger. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Farm". At a price of $273,465 it is 260 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $75 / sq.feet followed by "House" priced at $127 / sq.feet. "House" is the cheapest type of property with a $127 / sq.feet value followed by "Farm" with an average price of $75 / sq.feet.