The prices in real estate in Greensboro, 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 Greensboro has remained the same in the last 6 months. In March, the average price per sq.feet was $163. In April this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $163 to $164.5 per sq.feet. The price per sq.feet has increased 109 % 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 $163.75 to $179 during July, and August.
Based upon to the price in Greensboro (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $390,199. In April This price remains at $382,889. During the following two months (May, June) the average price had a considerable reduction of 85 % with regard to the previous two months. 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 $356,825.5 and $351,972 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $362,715 they are 76 % more affordable than the average price for Greensboro. The properties with the lowest average price have 4 bedrooms, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $133,096.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $74 / sq.feet, with an average $180 / sq.feet price in Greensboro. The properties with the lowest average prices have 1 bedroom. They are 36 % cheaper than the average followed by properties with 4 bedrooms with a price at $98 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $362,715 it is 58 % cheaper than the average price in Greensboro. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Townhouse". At a price of $243,958 it is 18 % 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 $91 / sq.feet followed by "House" priced at $101 / sq.feet. "Condo" is the cheapest type of property with a $108 / sq.feet value followed by "House" with an average price of $101 / sq.feet.