The prices in real estate in Clemmons, 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 Clemmons has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $109,193. In the following month the price per sq.feet decreased considerably to $92,667. The price for the following two months in (January, February) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % 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 $91,765.5 to $48,177.5 during March, and April.
Based upon to the price in Clemmons (cities), these have remained the same in the last 6 months. The price in November is $399,701, rising in December till $431,086. During the following two months (January, February) the average price had a considerable reduction of 78 % 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 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $480,249 they are 38 % more affordable than the average price for Clemmons. The properties with the lowest average price have 3 bedrooms, Their price is 34 % cheaper than the average. After that we have properties with 4 bedrooms priced at $307,314.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $80 / sq.feet, with an average $9,865 / sq.feet price in Clemmons. The properties with the lowest average prices have 2 bedrooms. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $107 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $480,249 it is 41 % cheaper than the average price in Clemmons. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $301,154 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $50 / sq.feet followed by "Condo" priced at $61 / sq.feet. "Apartment" is the cheapest type of property with a $83 / sq.feet value followed by "House" with an average price of $82 / sq.feet.