Property prices for sale in Savannah (Georgia)
The prices in real estate in Savannah, in the Georgia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Savannah has fallen in the last 6 months. In October, the average price per sq.feet was $305. In the following month the price per sq.feet decreased to $268. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. 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 $276.5 to $268.5 during February y March
Based upon to the price in Savannah (cities), this has fallen considerably in the last 6 months. The average price for October is $800,623. During November the price had a considerable reduction till $577,029. During the following two months (December, January) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $621,422.75 to $576,416.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $516,362 they are 36 % more affordable than the average price for Savannah. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $418,724.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $245 / sq.feet, with an average $237 / sq.feet price in Savannah. The properties with the highest average prices have 1 bedroom. They are 111 % more expensive than the average followed by properties with 2 bedrooms with a price at $288 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $516,362 it is 22 % cheaper than the average price in Savannah. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Townhouse". At a price of $601,061 it is 55 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $239 / sq.feet followed by "Townhouse" priced at $332 / sq.feet. "Land" is the most costly type of property with a $429,491 / sq.feet cost followed by "Condo" with an average price of $379 / sq.feet.
