The prices in real estate in Villa Rica, in the Georgia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Villa Rica has fallen in the last 6 months. In November, the average price per sq.feet was $111. In December this price pretty much remained the same at a value of $111 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $111 to $110 per sq.feet. The price per sq.feet has decreased 86 % 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 $110.5 to $95.5 during March, and April.
Based upon to the price in Villa Rica (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $248,779. In December This price remains at $255,824. During the following two months (January, February) 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 89 %, going from $243,287.75 to $215,744 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $191,044 they are 2 % more expensive than the average price for Villa Rica. Following this ranking we find those properties with 1 at an average price of $214,445. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $214,516.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $86 / sq.feet, with an average $82 / sq.feet price in Villa Rica. The properties with the highest average prices have 2 bedrooms. They are 66 % more expensive than the average followed by properties with 3 bedrooms with a price at $104 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $191,044 it is 8 % more expensive than the average price in Villa Rica. "House" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $221,727 it is 18 % 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 $82 / sq.feet followed by "Land" priced at $84 / sq.feet. "House" is the most costly type of property with a $89 / sq.feet cost followed by "Land" with an average price of $84 / sq.feet.