The prices in real estate in Saint Simons Island, 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 Saint Simons Island has remained the same in the last 6 months. In July, the average price per sq.feet was $265. In the following month the price per sq.feet decreased to $247. In the following two months the price per sq.feet has barely changed, going from $256 to $255.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $255.75 to $252 during November y December
Based upon to the price in Saint Simons Island (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $721,010. In August This price remains at $717,112. During the following two months (September, October) the average price fell 88 % 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 $675,779 to $531,923.5, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $469,909 they are 60 % more affordable than the average price for Saint Simons Island. The properties with the highest average price have 4 bedrooms, Their price is 100 % more costly than the average. After that we have properties with 3 bedrooms priced at $420,194.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $215 / sq.feet, with an average $235 / sq.feet price in Saint Simons Island. The properties with the highest average prices have 4 bedrooms. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $253 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $469,909 it is 39 % cheaper than the average price in Saint Simons Island. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $532,164 it is 73 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $248 / sq.feet followed by "Apartment" priced at $251 / sq.feet. "Townhouse" is the most costly type of property with a $455 / sq.feet cost followed by "Commercial Property" with an average price of $442 / sq.feet.