The prices in real estate in Elizabeth City, 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 Elizabeth City has remained the same in the last 6 months. In July, the average price per sq.feet was $126. In the following month the price per sq.feet decreased to $108. In the following two months the price per sq.feet has barely changed, going from $117 to $111.5 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $114.25 to $146.5 during November, and December.
Based upon to the price in Elizabeth City (cities), these have remained the same in the last 6 months. The average price for July is $263,475. During August the price had a slight fall till $232,883. In the following two months the average price has remained the same with regard to the previous two months from $248,179 to $249,270. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $298,865 they are 36 % more affordable than the average price for Elizabeth City. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 1 bedroom priced at $191,384.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $92 / sq.feet, with an average $146 / sq.feet price in Elizabeth City. The properties with the highest average prices have 4 bedrooms. They are 35 % more expensive than the average followed by properties with 1 bedroom with a price at $92 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $298,865 it is 29 % cheaper than the average price in Elizabeth City. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $248,091 it is 8 % 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 $86 / sq.feet followed by "Condo" priced at $91 / sq.feet. "House" is the cheapest type of property with a $124 / sq.feet value followed by "Townhouse" with an average price of $97 / sq.feet.