The prices in real estate in Rising Fawn, in the Georgia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Rising Fawn has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $779. In the following month the price per sq.feet decreased considerably to $633. The price for the following two months in (July, August) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 34 % 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 $439.75 to $150 during September, and October.
Based upon to the price in Rising Fawn (cities), this has fallen considerably in the last 6 months. The average price for May is $3,859,983. During June the price had a considerable reduction till $2,883,867. During the following two months (July, August) the average price had a considerable reduction of 15 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,937,928.5 to $421,709, which means a 22 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $434,821 they are 45 % more affordable than the average price for Rising Fawn. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 1 bedroom priced at $401,073.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $109 / sq.feet, with an average $151 / sq.feet price in Rising Fawn. The properties with the highest average prices have 1 bedroom. They are 27297 % more expensive than the average followed by properties with 2 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $434,821 it is 39 % cheaper than the average price in Rising Fawn. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $263,594 it is 72 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $94 / sq.feet followed by "House" priced at $24,911 / sq.feet. "House" is the most costly type of property with a $24,911 / sq.feet cost followed by "Condo" with an average price of $94 / sq.feet.