The prices in real estate in Winterville, in the Georgia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Winterville has increased strongly during the last 6 months. In November, the average price per sq.feet was $173. In December this price pretty much remained the same at a value of $166 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 1182 %. The price per sq.feet has had a considerable increase of 226 % 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 $1,086.25 to $2,460 during March, and April.
Based upon to the price in Winterville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $376,612. In December This price remains at $384,644. During the following two months (January, February) the price has had an average incrementation from $380,628 to $405,238.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $392,933.25 to $356,747 in March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 40 % cheaper than the average price of $231,631 in Winterville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 40 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 97 % cheaper than the average price of ($48 / sq.feet) in Winterville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 97 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $389,238 it is 58 % cheaper than the average price in Winterville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $161,999 it is 40 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $26 / sq.feet followed by "House" priced at $48 / sq.feet. "House" is the cheapest type of property with a $48 / sq.feet value followed by "Commercial Property" with an average price of $26 / sq.feet.