Property prices for sale in Ray City (Georgia)
The prices in real estate in Ray City, in the Georgia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ray City has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,364. In the following month the price per sq.feet decreased considerably to $171. The price for the following two months in (January, February) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 42 % 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 $669 to $278.5 during March, and April.
Based upon to the price in Ray City (cities), these have remained the same in the last 6 months. The price in November is $264,587, rising in December till $287,600. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $268,981.25 to $247,769 in March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 72 % cheaper than the average price of $70,373 in Ray City. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 72 % more affordable than the average aforementioned.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $248,205 it is 72 % cheaper than the average price in Ray City. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "". At a price of $70,373 it is 17 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $15 / sq.feet. "Apartment" with an average cost of $15 / sq.feet has the lowest price and would be directed at less affluent cities.
