The prices in real estate in Stone Mountain, in the Georgia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Stone Mountain has increased during the last 6 months. In November, the average price per sq.feet was $95. In the following month the price per sq.feet increased to $106. In the following two months the price per sq.feet has increased 108 %, going from $100.5 to $109 per sq.feet. The price per sq.feet has increased 105 % 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 $104.75 to $110.5 during March, and April.
Based upon to the price in Stone Mountain (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $211,537. In December This price remains at $209,140. During the following two months (January, February) the price has had an average incrementation from $210,338.5 to $222,017.5. 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 $216,178 and $218,059 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $224,635 they are 70 % more affordable than the average price for Stone Mountain. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $193,943.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $90 / sq.feet, with an average $111 / sq.feet price in Stone Mountain. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $111 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $224,635 it is 48 % cheaper than the average price in Stone Mountain. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $241,958 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $68 / sq.feet followed by "Office" priced at $73 / sq.feet. "House" is the most costly type of property with a $112 / sq.feet cost followed by "Townhouse" with an average price of $108 / sq.feet.