The prices in real estate in Ray City, 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 Ray City has increased strongly during the last 6 months. In September, the average price per sq.feet was $414. In the following month the price per sq.feet increased considerably to $731. The price for the following two months in (November, December) had a considerable increment of 134 %. The price per sq.feet has decreased 85 % 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 $670 to $570.5 during January, and February.
Based upon to the price in Ray City (cities), this has gone up considerably in the last 6 months. The price in September is $226,133, rising in October till $255,924. During the following two months (November, December) the price has had an average incrementation from $241,028.5 to $276,093.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $258,561 and $261,869 between January and February.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 73 % cheaper than the average price of $70,515 in Ray City. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 73 % 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 $263,284 it is 73 % 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 $70,515 it is 22 % 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 $17 / sq.feet. "Apartment" with an average cost of $17 / sq.feet has the lowest price and would be directed at less affluent cities.