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 January, the average price per sq.feet was $85. In the following month the price per sq.feet increased considerably to $103. In the following two months the price per sq.feet has increased 110 %, going from $94 to $103 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $98.5 to $117 during May, and June.
Based upon to the price in Cherryville (cities), this has gone up in the last 6 months. The average price during our first sample month during January, is $168,244. During February the price went through a considerable rise reaching $195,167. During the following two months (March, April) the average price fell 88 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 25 % more costly than the average price of $261,399 in Cherryville. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 25 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % cheaper than the average price of ($91 / sq.feet) in Cherryville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % cheaper 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 $208,386 it is 25 % 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 $261,399 it is 99 % 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 $91 / sq.feet followed by "Commercial Property" priced at $383 / sq.feet. "Commercial Property" is the most costly type of property with a $383 / sq.feet cost followed by "House" with an average price of $91 / sq.feet.