The rent prices in real estate in Pittsboro, in the North Carolina region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Pittsboro has fallen during the last 6 months. In October, the average price per sq.feet was $2. In the following month the price per sq.feet fell to $1.76. In the following two months the price per sq.feet has practically remained the same, going from $1.88 to $1.91 per sq.feet. The price per sq.feet has had a considerable fall of 83 % 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 $1.89 to $1.57 during February, and March.
When referring to the price in Pittsboro (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,177. In November This price remains at $2,143. In the following two months the average price has hardly changed with regard to the previous two months from $2,160 to $2,137.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,426 they are 45 % more affordable than the average price for Pittsboro . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,361.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.26 / sq.feet, with an average $1.42 / sq.feet price in Pittsboro. The properties with the most expensive average prices have 2 bedrooms. They are 23 % more expensive than the average followed by properties with 1 bedroom with a price at $1.66 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,426 it is 24 % more affordable than the average price in Pittsboro. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,676 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $1.18 / sq.feet. "Apartment" is the most expensive type of property with a $1.83 / sq.feet value followed by "House" with an average price of $1.18 / sq.feet.