The prices in real estate in East Flat Rock, 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 East Flat Rock has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $1,814. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (November, December) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $520.25 to $127 during January, and February.
Based upon to the price in East Flat Rock (cities), this has fallen considerably in the last 6 months. The average price for September is $159,967. During October the price had a considerable reduction till . During the following two months (November, December) the average price had a considerable increase of 199 % 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 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $152,125 they are 32 % more affordable than the average price for East Flat Rock. The properties with the lowest average price have 2 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 1 bedroom priced at $103,024.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $239 / sq.feet, with an average $138 / sq.feet price in East Flat Rock. The properties with the highest average prices have 1 bedroom. They are 108 % more expensive than the average followed by properties with 2 bedrooms with a price at $239 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $152,125 it is 43 % cheaper than the average price in East Flat Rock. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $86,284 it is 9 % 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 $65 / sq.feet followed by "House" priced at $239 / sq.feet. "House" is the most costly type of property with a $239 / sq.feet cost followed by "Commercial" with an average price of $65 / sq.feet.