Property prices for sale in Villa Rica (Georgia)
The prices in real estate in Villa Rica, 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 Villa Rica has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,844. In the following month the price per sq.feet decreased considerably to $202. The price for the following two months in (December, January) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 346 % 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 $598.25 to $2,070 during February, and March.
Based upon to the price in Villa Rica (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $410,223. In November This price remains at $393,324. In the following two months the average price has remained the same with regard to the previous two months from $401,773.5 to $400,310. 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 $401,041.75 and $392,763 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $397,506 they are 52 % more affordable than the average price for Villa Rica. The properties with the lowest average price have 4 bedrooms, Their price is 40 % cheaper than the average. After that we have properties with 3 bedrooms priced at $210,889.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $69 / sq.feet, with an average $2,745 / sq.feet price in Villa Rica. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at $87 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $397,506 it is 54 % cheaper than the average price in Villa Rica. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $217,979 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $37 / sq.feet followed by "House" priced at $63 / sq.feet. "Townhouse" is the cheapest type of property with a $125 / sq.feet value followed by "Apartment" with an average price of $72 / sq.feet.
