The prices in real estate in Ringgold, 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 Ringgold has remained the same in the last 6 months. In December, the average price per sq.feet was $132. In January this price pretty much remained the same at a value of $129 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $130.5 to $132.5 per sq.feet. The price per sq.feet has increased 107 % 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 $131.5 to $141 during April, and May.
Based upon to the price in Ringgold (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $282,287. In January This price remains at $275,574. In the following two months the average price has remained the same with regard to the previous two months from $278,930.5 to $288,507. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $329,186 they are 35 % more affordable than the average price for Ringgold. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 1 bedroom priced at $261,823.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $144 / sq.feet price in Ringgold. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 2 bedrooms with a price at $132 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $329,186 it is 26 % cheaper than the average price in Ringgold. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $284,740 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $81 / sq.feet followed by "Townhouse" priced at $86 / sq.feet. "House" is the cheapest type of property with a $123 / sq.feet value followed by "Townhouse" with an average price of $86 / sq.feet.