The prices in real estate in Cherryville, in the North Carolina 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 Cherryville has increased strongly during the last 6 months. In April, the average price per sq.feet was $77. In the following month the price per sq.feet increased considerably to $107. In the following two months the price per sq.feet has increased 115 %, going from $92 to $105.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $98.75 to $90.5 during August, and September.
Based upon to the price in Cherryville (cities), these have remained the same in the last 6 months. The price in April is $196,617, rising in May till $208,380. During the following two months (June, July) the average price had a considerable increase of 117 % 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 $219,559.25 to $171,251.5, which means a 78 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 62 % more costly than the average price of $263,767 in Cherryville. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 62 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 15 % more costly than the average price of ($100 / sq.feet) in Cherryville. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $162,758 it is 62 % more expensive than the average price in Cherryville. "Commercial Property" is seen as the second dearest property type. The dearest property type is "Commercial Property" followed by "House". At a price of $263,767 it is 158 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $100 / sq.feet followed by "Commercial Property" priced at $392 / sq.feet. "Commercial Property" is the most costly type of property with a $392 / sq.feet cost followed by "House" with an average price of $100 / sq.feet.