The prices in real estate in Grifton, 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 Grifton has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $1,660. In the following month the price per sq.feet increased to $1,778. The price for the following two months in (November, December) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 35 % 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 $929.25 to $327.5 during January, and February.
Based upon to the price in Grifton (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is $185,149. In October This price remains at $192,063. During the following two months (November, December) the average price had a considerable increase of 134 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 62 % cheaper than the average price of $92,070 in Grifton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 62 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 96 % cheaper than the average price of ($7 / sq.feet) in Grifton. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 96 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $240,200 it is 66 % cheaper than the average price in Grifton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $80,863 it is 62 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $7 / sq.feet. "House" with an average cost of $7 / sq.feet has the lowest price and would be directed at less affluent cities.