The prices in real estate in Chocowinity, in the North Carolina region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Chocowinity has remained the same in the last 6 months. In March, the average price per sq.feet was $174. In April this price pretty much remained the same at a value of $174 per sq.feet. The price for the following two months in (May, June) decreased 90 % with regard to the prior two months. The price per sq.feet has increased 109 % 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 $165 to $180 during July, and August.
Based upon to the price in Chocowinity (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $431,417. In April This price remains at $446,552. During the following two months (May, June) the average price had a considerable increase of 131 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $506,665.5 to $456,336.5 in July and August.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 35 % cheaper than the average price of $272,575 in Chocowinity. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 62 % cheaper than the average price of ($72 / 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 62 % 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 $419,551 it is 82 % 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 $76,602 it is 35 % 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 $7 / sq.feet followed by "House" priced at $72 / sq.feet. "House" is the cheapest type of property with a $72 / sq.feet value followed by "Commercial" with an average price of $7 / sq.feet.