The rent prices in real estate in Kernersville, in the North Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Kernersville has risen strongly during the last 6 months. In October, the average price per sq.feet was $7.5. In the following month the price per sq.feet rose to $7.9. The price for the following two months in (December, January) had a considerable rise of 216 %. The price per sq.feet has had a considerable fall of 57 % 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 $12.18 to $6.99 during February, and March.
When referring to the price in Kernersville (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,039. In November This price remains at $1,066. During the following two months (December, January) the price has had an average rise from $1,052.5 to $1,137.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,095 to $980.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,007 they are 14 % more affordable than the average price for Kernersville . The properties with the highest average price have 4 bedrooms, Their price is 73 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,019.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $16.13 / sq.feet, with an average $10.34 / sq.feet price in Kernersville. The properties with the most expensive average prices have 2 bedrooms. They are 177 % more expensive than the average followed by properties with 1 bedroom with a price at $16.13 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most expensive one. At an cost of $1,007 it is 2 % more expensive than the average price in Kernersville. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "Apartment". At a price of $1,027 it is 40 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $37 / sq.feet. "Apartment" at an average price of $37 / sq.feet has the highest price and would be directed at more affluent cities.