Property prices for sale in Cherryville (North Carolina)

The prices in real estate in Cherryville, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cherryville has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $119. In the following month the price per sq.feet decreased to $111. The price for the following two months in (March, April) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable increase of 125 % 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 $83.5 to $104 during May, and June.

Average price

Based upon to the price in Cherryville (cities), this has fallen considerably in the last 6 months. The average price for January is $268,839. During February the price had a slight fall till $244,627. During the following two months (March, April) the average price had a considerable reduction of 47 % 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 120 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 31 % more costly than the average price of $267,763 in Cherryville. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 31 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 13 % more costly than the average price of ($115 / 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 13 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $204,827 it is 31 % 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 $267,763 it is 108 % 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 $115 / sq.feet followed by "Commercial Property" priced at $407 / sq.feet. "Commercial Property" is the most costly type of property with a $407 / sq.feet cost followed by "House" with an average price of $115 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Cherryville
Number of properties used in region North Carolina
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value