The prices in real estate in China Grove, 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.
The price per sq.feet in China Grove has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $953. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (June, July) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable increase of 359 % 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 $269.5 to $966.5 during August, and September.
Based upon to the price in China Grove (cities), this has fallen considerably in the last 6 months. The average price for April is $255,601. During May the price had a considerable reduction till . During the following two months (June, July) the average price had a considerable reduction of 81 % 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 242 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $270,675 they are 9 % more affordable than the average price for China Grove. The properties with the highest average price have 1 bedroom, Their price is 35 % more costly than the average. After that we have properties with 2 bedrooms priced at $297,885.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $108 / sq.feet, with an average $1,805 / sq.feet price in China Grove. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 2 bedrooms with a price at $243 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $270,675 it is 9 % 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 $247,109 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 $108 / sq.feet followed by "Townhouse" priced at $4,344 / sq.feet. "Townhouse" is the most costly type of property with a $4,344 / sq.feet cost followed by "House" with an average price of $108 / sq.feet.