The prices in real estate in Chocowinity, in the North Carolina region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Chocowinity has fallen in the last 6 months. In May, the average price per sq.feet was $141. In June this price pretty much remained the same at a value of $144 per sq.feet. The price for the following two months in (July, August) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $137.25 to $129.5 during September, and October.
Based upon to the price in Chocowinity (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $310,204. In June This price remains at $317,992. In the following two months the average price has remained the same with regard to the previous two months from $314,098 to $322,037.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 17 % cheaper than the average price of $283,725 in Chocowinity. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 17 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 12 % cheaper than the average price of ($112 / 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 12 % 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 $343,368 it is 77 % 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 $79,750 it is 17 % 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 $47 / sq.feet followed by "House" priced at $112 / sq.feet. "House" is the cheapest type of property with a $112 / sq.feet value followed by "Commercial" with an average price of $47 / sq.feet.