The prices in real estate in Roswell, 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 Roswell has increased strongly during the last 6 months. In March, the average price per sq.feet was $166. In April this price pretty much remained the same at a value of $172 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 504 %. The price per sq.feet has had a considerable increase of 1111 % 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 $510.75 to $5,674.5 during July, and August.
Based upon to the price in Roswell (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $523,884. In April This price remains at $507,179. During the following two months (May, June) the price has had an average incrementation from $515,531.5 to $557,599. 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 $536,565.25 and $554,284.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $548,273 they are 56 % more affordable than the average price for Roswell. The properties with the highest average price have 1 bedroom, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $483,622.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $163 / sq.feet, with an average $4,705 / sq.feet price in Roswell. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $548,273 it is 15 % cheaper than the average price in Roswell. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $538,146 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $162 / sq.feet followed by "Townhouse" priced at $164 / sq.feet. "Apartment" is the cheapest type of property with a $198 / sq.feet value followed by "House" with an average price of $169 / sq.feet.