Property prices for sale in Cherryville (North Carolina)
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 November, the average price per sq.feet was $198. In December this price pretty much remained the same at a value of $201 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 268 %. The price per sq.feet has had a considerable increase of 525 % 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 $367.5 to $1,930.5 during March, and April.
Based upon to the price in Cherryville (cities), this has fallen considerably in the last 6 months. The average price for November is $378,932. During December the price had a slight fall till $339,631. During the following two months (January, February) the average price fell 87 % with regard to the previous two months. 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 $335,957.75 to $307,391 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $295,885 they are 44 % more affordable than the average price for Cherryville. The properties with the highest average price have 4 bedrooms, Their price is 167 % more costly than the average. After that we have properties with 3 bedrooms priced at $313,202.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $138 / sq.feet, with an average $200 / sq.feet price in Cherryville. The properties with the highest average prices have 4 bedrooms. They are 1 % more expensive than the average followed by properties with 3 bedrooms with a price at $189 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $295,885 it is 19 % cheaper than the average price in Cherryville. "House" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $332,461 it is 36 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $183 / sq.feet followed by "Commercial Property" priced at $349 / sq.feet. "Land" is the most costly type of property with a $36,536 / sq.feet cost followed by "Commercial Property" with an average price of $349 / sq.feet.
