Property prices for sale in China Grove (North Carolina)
The prices in real estate in China Grove, 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 China Grove has increased strongly during the last 6 months. In October, the average price per sq.feet was $592. In the following month the price per sq.feet decreased considerably to $407. The price for the following two months in (December, January) had a considerable decrease of 44 with regard to the prior two months. The price per sq.feet has had a considerable increase of 747 % 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 $360.25 to $2,689.5 during February, and March.
Based upon to the price in China Grove (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $324,372. In November This price remains at $324,331. In the following two months the average price has remained the same with regard to the previous two months from $324,351.5 to $327,997.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $387,645 they are 54 % more affordable than the average price for China Grove. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $333,517.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $169 / sq.feet, with an average $4,104 / sq.feet price in China Grove. The properties with the lowest average prices have 1 bedroom. They are 95 % cheaper than the average followed by properties with 2 bedrooms with a price at $208 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $387,645 it is 18 % cheaper than the average price in China Grove. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $361,411 it is 99 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $198 / sq.feet followed by "House" priced at $201 / sq.feet. "Land" is the most costly type of property with a $128,410 / sq.feet cost followed by "House" with an average price of $201 / sq.feet.
