Property prices for sale in Tybee Island (Georgia)

The prices in real estate in Tybee Island, 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.

$677,273.17
Average price last 6 months
$324.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tybee Island has increased during the last 6 months. In May, the average price per sq.feet was $298. In the following month the price per sq.feet increased to $328. In the following two months the price per sq.feet has barely changed, going from $313 to $323 per sq.feet. The price per sq.feet has increased 106 % 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 $318 to $336.5 during September, and October.

Average price

Based upon to the price in Tybee Island (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during May, is $778,458. During June the price went through a considerable rise reaching $918,793. During the following two months (July, August) the average price had a considerable reduction of 73 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $733,241.75 to $565,336, which means a 77 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $547,994 they are 51 % more affordable than the average price for Tybee Island. The properties with the highest average price have 4 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 3 bedrooms priced at $572,256.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $296 / sq.feet, with an average $338 / sq.feet price in Tybee Island. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 4 bedrooms with a price at $328 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $547,994 it is 39 % cheaper than the average price in Tybee Island. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $600,565 it is 41 % 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 $285 / sq.feet followed by "House" priced at $339 / sq.feet. "Condo" is the most costly type of property with a $369 / sq.feet cost followed by "House" with an average price of $339 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Tybee Island
Number of properties used in region Georgia
$547,994
$338
1,642
435,708
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value