The prices in real estate in Chocowinity, 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 Chocowinity has increased strongly during the last 6 months. In January, the average price per sq.feet was $100. In the following month the price per sq.feet increased considerably to $117. The price for the following two months in (March, April) had a considerable increment of 136 %. 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 $128 to $152 during May, and June.
Based upon to the price in Chocowinity (cities), this has gone up considerably in the last 6 months. The price in January is $253,800, rising in February till $285,737. During the following two months (March, April) the price has had an average incrementation from $269,768.5 to $300,677.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 25 % cheaper than the average price of $278,652 in Chocowinity. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 25 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 37 % cheaper than the average price of ($94 / sq.feet) in Chocowinity. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 37 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $369,530 it is 79 % cheaper than the average price in Chocowinity. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $78,318 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $29 / sq.feet followed by "House" priced at $94 / sq.feet. "House" is the cheapest type of property with a $94 / sq.feet value followed by "Commercial" with an average price of $29 / sq.feet.