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 November, the average price per sq.feet was $2,468. In the following month the price per sq.feet increased considerably to $4,416. The price for the following two months in (January, February) had a considerable increment of 294 %. The price per sq.feet has had a considerable increase of 146 % 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 $6,779.75 to $9,884 during March, and April.
Based upon to the price in Ranger (cities), this has fallen considerably in the last 6 months. The average price for November is $449,417. During December the price had a slight fall till $402,723. During the following two months (January, February) the average price had a considerable reduction of 58 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $448,792 they are 85 % more affordable than the average price for Ranger. The properties with the highest average price have 1 bedroom, Their price is 151 % more costly than the average. After that we have properties with 4 bedrooms priced at $980,673.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $19 / sq.feet, with an average $8,119 / sq.feet price in Ranger. The properties with the lowest average prices have 1 bedroom. They are 89 % cheaper than the average followed by properties with 4 bedrooms with a price at $89 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $448,792 it is 41 % cheaper than the average price in Ranger. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $263,508 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $38 / sq.feet followed by "House" priced at $90 / sq.feet. "House" is the cheapest type of property with a $90 / sq.feet value followed by "Farm" with an average price of $38 / sq.feet.