The prices in real estate in Sandersville, 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 Sandersville has increased strongly during the last 6 months. In October, the average price per sq.feet was $72. In November this price pretty much remained the same at a value of $73 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $72.5 to $71.5 per sq.feet. The price per sq.feet has had a considerable increase of 182 % 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 $72 to $131 during February, and March.
Based upon to the price in Sandersville (cities), these have remained the same in the last 6 months. The average price for October is $154,065. During November the price had a slight fall till $144,990. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $155,381 they are 30 % more affordable than the average price for Sandersville. The properties with the highest average price have 4 bedrooms, Their price is 83 % more costly than the average. After that we have properties with 1 bedroom priced at $179,845.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $52 / sq.feet, with an average $187 / sq.feet price in Sandersville. The properties with the lowest average prices have 1 bedroom. They are 39 % cheaper than the average followed by properties with 4 bedrooms with a price at $77 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $155,381 it is 2 % more expensive than the average price in Sandersville. "Land" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $157,882 it is 21 % 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 $46 / sq.feet followed by "House" priced at $68 / sq.feet. "House" is the cheapest type of property with a $68 / sq.feet value followed by "Land" with an average price of $46 / sq.feet.