The prices in real estate in 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 Flat Rock has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $279. In August this price pretty much remained the same at a value of $278 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 $254.75 to $200 during November, and December.
Based upon to the price in Flat Rock (cities), this has gone up in the last 6 months. The price in July is $780,578, rising in August till $847,561. During the following two months (September, October) the price has had an average incrementation from $814,069.5 to $863,540. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $838,804.75 and $797,681.5 between November and December.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 52 % cheaper than the average price of $401,290 in Flat Rock. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 52 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % cheaper than the average price of ($157 / sq.feet) in Flat Rock. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $840,211 it is 52 % cheaper than the average price in Flat Rock. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $470,568 it is 40 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $132 / sq.feet followed by "Townhouse" priced at $139 / sq.feet. "House" is the cheapest type of property with a $157 / sq.feet value followed by "Townhouse" with an average price of $139 / sq.feet.