Property prices for sale in Greensboro (North Carolina)
The prices in real estate in Greensboro, in the North Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Greensboro has increased strongly during the last 6 months. In October, the average price per sq.feet was $184. In the following month the price per sq.feet increased considerably to $284. The price for the following two months in (December, January) had a considerable increment of 4617 %. The price per sq.feet has had a considerable deflation of 69 % 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 $5,519 to $3,828 during February, and March.
Based upon to the price in Greensboro (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $394,004. In November This price remains at $392,271. In the following two months the average price has remained the same with regard to the previous two months from $393,137.5 to $406,092. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $469,961 they are 75 % more affordable than the average price for Greensboro. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $323,905.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $233 / sq.feet, with an average $2,619 / sq.feet price in Greensboro. The properties with the highest average prices have 4 bedrooms. They are 2025 % more expensive than the average followed by properties with 3 bedrooms with a price at $3,521 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $469,961 it is 65 % cheaper than the average price in Greensboro. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $240,575 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $182 / sq.feet followed by "Condo" priced at $234 / sq.feet. "Land" is the most costly type of property with a $121,593 / sq.feet cost followed by "House" with an average price of $283 / sq.feet.
