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 October, the average price per sq.feet was $164. In November this price pretty much remained the same at a value of $162 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $163 to $169 per sq.feet. The price per sq.feet has decreased 91 % 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 $166 to $151 during February, and March.
Based upon to the price in Elizabeth City (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $348,071. In November This price remains at $335,636. During the following two months (December, January) the price has had an average incrementation from $341,853.5 to $369,502.5. During the last two months the average price has had a strong fall compared to the previous four going from $355,678 to $300,747.5, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $276,764 they are 32 % more affordable than the average price for Elizabeth City. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 1 bedroom priced at $188,148.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $75 / sq.feet, with an average $142 / sq.feet price in Elizabeth City. The properties with the highest average prices have 4 bedrooms. They are 23 % more expensive than the average followed by properties with 1 bedroom with a price at $75 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $276,764 it is 25 % 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 $241,466 it is 3 % 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 $59 / sq.feet followed by "Apartment" priced at $69 / sq.feet. "House" is the cheapest type of property with a $102 / sq.feet value followed by "Townhouse" with an average price of $70 / sq.feet.