The prices in real estate in Conover, 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 Conover has increased strongly during the last 6 months. In March, the average price per sq.feet was $124. In the following month the price per sq.feet increased considerably to $358. The price for the following two months in (May, June) had a considerable increment of 200 %. The price per sq.feet has had a considerable increase of 168 % 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 $361.5 to $608 during July, and August.
Based upon to the price in Conover (cities), this has fallen considerably in the last 6 months. The average price for March is $196,472. During April the price had a considerable reduction till $166,500. During the following two months (May, June) the average price had a considerable reduction of 68 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $152,180 to $77,242, which means a 51 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 212 % more costly than the average price of $229,700 in Conover. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 212 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 84 % cheaper than the average price of ($93 / sq.feet) in Conover. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 84 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $73,657 it is 212 % more expensive than the average price in Conover. "Condo" is seen as the second dearest property type. The dearest property type is "Duplex" followed by "Condo". At a price of $268,567 it is 345 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $93 / sq.feet followed by "Condo" priced at $109 / sq.feet. "Duplex" is the cheapest type of property with a $168 / sq.feet value followed by "Condo" with an average price of $109 / sq.feet.