The prices in real estate in Richmond Hill, in the Georgia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Richmond Hill has remained the same in the last 6 months. In November, the average price per sq.feet was $189. In December this price pretty much remained the same at a value of $196 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $192.5 to $204 per sq.feet. The price per sq.feet has decreased 94 % 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 $198.25 to $187 during March, and April.
Based upon to the price in Richmond Hill (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $492,851. In December This price remains at $478,267. During the following two months (January, February) the price has had an average incrementation from $485,559 to $528,612.5. 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 $507,085.75 and $502,685 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $503,611 they are 46 % more affordable than the average price for Richmond Hill. The properties with the highest average price have 2 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 1 bedroom priced at $711,297.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $184 / sq.feet price in Richmond Hill. The properties with the highest average prices have 2 bedrooms. They are 381 % more expensive than the average followed by properties with 1 bedroom with a price at $594 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $503,611 it is 62 % cheaper than the average price in Richmond Hill. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $264,131 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $67 / sq.feet followed by "Condo" priced at $71 / sq.feet. "House" is the cheapest type of property with a $138 / sq.feet value followed by "Townhouse" with an average price of $110 / sq.feet.