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 January, the average price per sq.feet was $109. In the following month the price per sq.feet decreased to $95. In the following two months the price per sq.feet has barely changed, going from $102 to $104.5 per sq.feet. The price per sq.feet has increased 108 % 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 $103.25 to $112 during May, and June.
Based upon to the price in Elizabeth City (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $231,707. In February This price remains at $231,531. In the following two months the average price has remained the same with regard to the previous two months from $231,619 to $222,209.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $312,440 they are 39 % more affordable than the average price for Elizabeth City. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 1 bedroom priced at $192,539.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $115 / sq.feet price in Elizabeth City. The properties with the lowest average prices have 1 bedroom. They are 15 % cheaper than the average followed by properties with 4 bedrooms with a price at $97 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $312,440 it is 31 % cheaper than the average price in Elizabeth City. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Apartment". At a price of $217,737 it is 20 % 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 $92 / sq.feet followed by "Apartment" priced at $97 / sq.feet. "Townhouse" is the cheapest type of property with a $103 / sq.feet value followed by "Apartment" with an average price of $97 / sq.feet.