The prices in real estate in Ringgold, 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 Ringgold has increased during the last 6 months. In February, the average price per sq.feet was $118. In March this price pretty much remained the same at a value of $120 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $119 to $131 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $125 to $131 during June y July
Based upon to the price in Ringgold (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $277,114. In March This price remains at $286,361. During the following two months (April, May) the average price had a considerable increase of 161 % 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 1 bedroom are the cheapest ones. At a price of $289,288 they are 49 % more affordable than the average price for Ringgold. The properties with the highest average price have 4 bedrooms, Their price is 62 % more costly than the average. After that we have properties with 3 bedrooms priced at $263,753.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $117 / sq.feet, with an average $127 / sq.feet price in Ringgold. The properties with the highest average prices have 2 bedrooms. They are 3 % more expensive than the average followed by properties with 1 bedroom with a price at $124 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $289,288 it is 15 % cheaper than the average price in Ringgold. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $245,136 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $91 / sq.feet followed by "Townhouse" priced at $96 / sq.feet. "Townhouse" is the cheapest type of property with a $96 / sq.feet value followed by "House" with an average price of $91 / sq.feet.