The prices in real estate in Catawba, in the North Carolina 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 Catawba has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,562. In the following month the price per sq.feet decreased considerably to $264. The price for the following two months in (December, January) had a considerable decrease of 14 with regard to the prior two months. The price per sq.feet has had a considerable increase of 342 % 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 $1,373 to $4,694.5 during February, and March.
Based upon to the price in Catawba (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $367,734. During November the price went through a considerable rise reaching $473,376. In the following two months the average price has remained the same with regard to the previous two months from $420,555 to $416,885. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $418,720 to $392,690 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $373,631 they are 87 % more affordable than the average price for Catawba. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 2 bedrooms priced at $381,090.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $67 / sq.feet, with an average $7,883 / sq.feet price in Catawba. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $209 / sq.feet.
With regard to the average price based upon the property in Catawba we can see that most expensive property type is "House" at a price of $395,217, they are 6 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 6 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $197 / sq.feet. "House" with an average cost of $197 / sq.feet has the lowest price and would be directed at less affluent cities.