The prices in real estate in Snellville, 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 Snellville has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $313. In the following month the price per sq.feet decreased considerably to $109. The price for the following two months in (September, October) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 70 % 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 $162.75 to $113.5 during November, and December.
Based upon to the price in Snellville (cities), this has gone downing the last 6 months. The average price for July is $324,692. During August the price had a slight fall till $302,792. In the following two months the average price has remained the same with regard to the previous two months from $313,742 to $301,631.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $307,686.75 to $292,199.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $295,183 they are 2 % more expensive than the average price for Snellville. Following this ranking we find those properties with 4 at an average price of $320,326. The properties with the highest average price have 1 bedroom, Their price is 32 % more costly than the average. After that we have properties with 4 bedrooms priced at $320,326.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $112 / sq.feet price in Snellville. The properties with the highest average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 4 bedrooms with a price at $98 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $295,183 it is 0 % more expensive than the average price in Snellville. "House" is seen as the second dearest property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $314,134 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $85 / sq.feet followed by "Commercial" priced at $92 / sq.feet. "House" is the cheapest type of property with a $93 / sq.feet value followed by "Commercial" with an average price of $92 / sq.feet.