Property prices for sale in Richmond Hill (Georgia)
The prices in real estate in Richmond Hill, in the Georgia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Richmond Hill has increased during the last 6 months. In October, the average price per sq.feet was $209. In November this price pretty much remained the same at a value of $215 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $212 to $234.5 per sq.feet. The price per sq.feet has increased 106 % 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 $223.25 to $236 during February, and March.
Based upon to the price in Richmond Hill (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $494,711. In November This price remains at $514,772. During the following two months (December, January) the price has had an average incrementation from $504,741.5 to $563,824. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $565,121 they are 42 % more affordable than the average price for Richmond Hill. The properties with the highest average price have 1 bedroom, Their price is 209 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,122,228.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $179 / sq.feet, with an average $219 / sq.feet price in Richmond Hill. The properties with the highest average prices have 1 bedroom. They are 145951 % more expensive than the average followed by properties with 2 bedrooms with a price at $159,377 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $565,121 it is 67 % cheaper than the average price in Richmond Hill. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $258,111 it is 22 % 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 $44 / sq.feet followed by "Condo" priced at $48 / sq.feet. "House" is the cheapest type of property with a $194 / sq.feet value followed by "Apartment" with an average price of $92 / sq.feet.
