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 October, the average price per sq.feet was $1,778. In the following month the price per sq.feet decreased considerably to $135. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable increase of 121 % 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 $636.75 to $768 during February, and March.
Based upon to the price in Grifton (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $192,063. During November the price went through a considerable rise reaching $249,133. During the following two months (December, January) the average price had a considerable increase of 115 % 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 $237,363 and $234,980.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 60 % cheaper than the average price of $91,977 in Grifton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 60 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($6 / 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 100 % 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 $229,761 it is 65 % 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 $80,782 it is 60 % 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 $6 / sq.feet. "House" with an average cost of $6 / sq.feet has the lowest price and would be directed at less affluent cities.