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 February, the average price per sq.feet was $128. In the following month the price per sq.feet decreased considerably to $93. In the following two months the price per sq.feet has increased 110 %, going from $110.5 to $121 per sq.feet. The price per sq.feet has had a considerable increase of 134 % 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 $115.75 to $155 during June, and July.
Based upon to the price in Chocowinity (cities), this has fallen considerably in the last 6 months. The average price for February is $375,672. During March the price had a considerable reduction till $230,179. In the following two months the average price has remained the same with regard to the previous two months from $302,925.5 to $316,021. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 26 % cheaper than the average price of $276,150 in Chocowinity. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 45 % cheaper than the average price of ($85 / 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 45 % 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 $374,347 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 $77,611 it is 26 % 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 $20 / sq.feet followed by "House" priced at $85 / sq.feet. "House" is the cheapest type of property with a $85 / sq.feet value followed by "Commercial" with an average price of $20 / sq.feet.