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 May, the average price per sq.feet was $97. In the following month the price per sq.feet increased to $103. The price for the following two months in (July, August) had a considerable increment of 122 %. The price per sq.feet has decreased 91 % 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 $111 to $101 during September, and October.
Based upon to the price in Stone Mountain (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $200,751. In June This price remains at $196,130. During the following two months (July, August) the average price had a considerable increase of 129 % 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 95 %, going from $227,320 to $215,190 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $219,515 they are 58 % more affordable than the average price for Stone Mountain. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,916.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $81 / sq.feet, with an average $101 / sq.feet price in Stone Mountain. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $100 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $219,515 it is 49 % 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 $227,884 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $74 / sq.feet followed by "Office" priced at $79 / sq.feet. "House" is the cheapest type of property with a $99 / sq.feet value followed by "Condo" with an average price of $84 / sq.feet.