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 February, the average price per sq.feet was $118. In the following month the price per sq.feet increased to $135. The price for the following two months in (April, May) had a considerable increment of 252 %. The price per sq.feet has had a considerable deflation of 48 % 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 $222.75 to $106.5 during June, and July.
Based upon to the price in Ranger (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $299,245. During March the price went through a considerable rise reaching $413,075. During the following two months (April, May) the average price had a considerable increase of 233 % 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 $593,250.25 to $347,319, which means a 59 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $197,188 they are 63 % more affordable than the average price for Ranger. The properties with the highest average price have 1 bedroom, Their price is 498 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,025,853.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $64 / sq.feet, with an average $93 / sq.feet price in Ranger. The properties with the highest average prices have 1 bedroom. They are 874 % more expensive than the average followed by properties with 4 bedrooms with a price at $134 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most costly one. At an cost of $197,188 it is 40 % 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 $275,667 it is 105 % 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 $83 / sq.feet followed by "House" priced at $135 / sq.feet. "House" is the most costly type of property with a $135 / sq.feet cost followed by "Farm" with an average price of $83 / sq.feet.