The prices in real estate in Warm Springs, 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 Warm Springs has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $119. In the following month the price per sq.feet decreased to $113. The price for the following two months in (August, September) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 70 % 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 $99.5 to $69.5 during October, and November.
Based upon to the price in Warm Springs (cities), this has fallen considerably in the last 6 months. The average price for June is $395,725. During July the price had a considerable reduction till $330,300. During the following two months (August, September) the average price had a considerable reduction of 66 % 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 $300,963.75 to $154,493.5, which means a 51 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 12 % cheaper than the average price of $136,896 in Warm Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 59 % more costly than the average price of ($111 / sq.feet) in Warm Springs. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 59 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $155,820 it is 12 % cheaper than the average price in Warm Springs. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $136,896 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $85 / sq.feet followed by "House" priced at $111 / sq.feet. "House" is the most costly type of property with a $111 / sq.feet cost followed by "Commercial" with an average price of $85 / sq.feet.