The prices in real estate in Creedmoor, 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 Creedmoor has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $285. In the following month the price per sq.feet decreased considerably to $177. The price for the following two months in (April, May) had a considerable increment of 127 %. The price per sq.feet has had a considerable deflation of 84 % 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 $262 to $220 during June, and July.
Based upon to the price in Creedmoor (cities), this has gone downing the last 6 months. The average price for February is $557,571. During March the price had a considerable reduction till $339,236. During the following two months (April, May) the average price had a considerable increase of 149 % 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 $559,002.75 to $460,258.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $382,700 they are 64 % more affordable than the average price for Creedmoor. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $280,863.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $98 / sq.feet, with an average $192 / sq.feet price in Creedmoor. The properties with the lowest average prices have 2 bedrooms. They are 35 % cheaper than the average followed by properties with 4 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $382,700 it is 33 % cheaper than the average price in Creedmoor. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $254,526 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $96 / sq.feet followed by "Apartment" priced at $116 / sq.feet. "Apartment" is the cheapest type of property with a $116 / sq.feet value followed by "House" with an average price of $96 / sq.feet.