Property prices for sale in Gibsonville (North Carolina)
The prices in real estate in Gibsonville, 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 Gibsonville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $11,065. In the following month the price per sq.feet decreased considerably to $189. The price for the following two months in (December, January) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable increase of 141 % 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 $3,221.5 to $4,531 during February, and March.
Based upon to the price in Gibsonville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $350,114. In November This price remains at $344,044. In the following two months the average price has remained the same with regard to the previous two months from $347,079 to $355,100.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $367,935 they are 64 % more affordable than the average price for Gibsonville. The properties with the lowest average price have 3 bedrooms, Their price is 51 % cheaper than the average. After that we have properties with 4 bedrooms priced at $180,087.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $40 / sq.feet, with an average $5,846 / sq.feet price in Gibsonville. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $43 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $367,935 it is 69 % cheaper than the average price in Gibsonville. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $152,211 it is 51 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $10 / sq.feet followed by "Townhouse" priced at $32 / sq.feet. "House" is the cheapest type of property with a $40 / sq.feet value followed by "Townhouse" with an average price of $32 / sq.feet.
