The prices in real estate in Rockmart, in the Georgia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Rockmart has increased strongly during the last 6 months. In November, the average price per sq.feet was $111. In the following month the price per sq.feet increased to $121. In the following two months the price per sq.feet has increased 107 %, going from $116 to $124 per sq.feet. The price per sq.feet has increased 113 % 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 $120 to $136 during March, and April.
Based upon to the price in Rockmart (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $195,149. During December the price went through a considerable rise reaching $228,877. In the following two months the average price has remained the same with regard to the previous two months from $212,013 to $213,469. 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 $212,741 and $221,022 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $205,833 they are 24 % more affordable than the average price for Rockmart. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $182,957.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $132 / sq.feet price in Rockmart. The properties with the lowest average prices have 1 bedroom. They are 15 % cheaper than the average followed by properties with 3 bedrooms with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $205,833 it is 22 % cheaper than the average price in Rockmart. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $162,259 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $58 / sq.feet followed by "Apartment" priced at $66 / sq.feet. "House" is the cheapest type of property with a $97 / sq.feet value followed by "Apartment" with an average price of $66 / sq.feet.