The prices in real estate in China Grove, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in China Grove has increased during the last 6 months. In February, the average price per sq.feet was $169. In the following month the price per sq.feet increased to $190. The price for the following two months in (April, May) had a considerable increment of 118 %. The price per sq.feet has decreased 87 % 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 $195.5 to $171 during June, and July.
Based upon to the price in China Grove (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $327,106. In March This price remains at $313,942. During the following two months (April, May) the price has had an average incrementation from $320,524 to $365,225.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $342,874.75 and $342,655 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $347,011 they are 30 % more affordable than the average price for China Grove. The properties with the highest average price have 1 bedroom, Their price is 3 % more costly than the average. After that we have properties with 2 bedrooms priced at $291,390.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $171 / sq.feet price in China Grove. The properties with the highest average prices have 1 bedroom. They are 67 % more expensive than the average followed by properties with 2 bedrooms with a price at $221 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $347,011 it is 30 % cheaper than the average price in China Grove. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $241,719 it is 4 % 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 $86 / sq.feet followed by "Townhouse" priced at $4,234 / sq.feet. "Townhouse" is the most costly type of property with a $4,234 / sq.feet cost followed by "House" with an average price of $86 / sq.feet.