Property prices for sale in Talking Rock (Georgia)
The prices in real estate in Talking Rock, 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 Talking Rock has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $9,648. In the following month the price per sq.feet decreased considerably to $2,271. The price for the following two months in (December, January) had a considerable increment of 115 %. The price per sq.feet has had a considerable increase of 190 % 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 $6,420.5 to $12,220.5 during February, and March.
Based upon to the price in Talking Rock (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $437,117. During November the price went through a considerable rise reaching $517,204. During the following two months (December, January) the average price fell 93 % 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 90 %, going from $461,525.25 to $415,918 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $396,375 they are 16 % more expensive than the average price for Talking Rock. Following this ranking we find those properties with 2 at an average price of $488,900. The properties with the highest average price have 4 bedrooms, Their price is 88 % more costly than the average. After that we have properties with 3 bedrooms priced at $538,018.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $219 / sq.feet, with an average $12,031 / sq.feet price in Talking Rock. The properties with the lowest average prices have 2 bedrooms. They are 69 % cheaper than the average followed by properties with 3 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $396,375 it is 69 % cheaper than the average price in Talking Rock. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $122,890 it is 54 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $280 / sq.feet followed by "Land" priced at $22,227 / sq.feet. "Land" is the most costly type of property with a $22,227 / sq.feet cost followed by "House" with an average price of $280 / sq.feet.
