The prices in real estate in Roswell, 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 Roswell has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $292. In the following month the price per sq.feet decreased considerably to $182. The price for the following two months in (November, December) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has decreased 85 % 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 $207 to $176.5 during January, and February.
Based upon to the price in Roswell (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $546,676. In October This price remains at $528,693. In the following two months the average price has remained the same with regard to the previous two months from $537,684.5 to $535,020. 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 $536,352.25 and $540,126.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $530,374 they are 71 % more affordable than the average price for Roswell. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $430,638.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $181 / sq.feet, with an average $174 / sq.feet price in Roswell. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $192 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $530,374 it is 20 % cheaper than the average price in Roswell. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $577,550 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $109 / sq.feet followed by "Villa" priced at $156 / sq.feet. "Townhouse" is the most costly type of property with a $214 / sq.feet cost followed by "Condo" with an average price of $190 / sq.feet.