Property prices for sale in Hertford (North Carolina)
The prices in real estate in Hertford, 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 Hertford has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $5,137. In the following month the price per sq.feet decreased considerably to $199. The price for the following two months in (December, January) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable increase of 306 % 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 $1,630.25 to $4,991 during February, and March.
Based upon to the price in Hertford (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $381,760. During November the price went through a considerable rise reaching $462,699. During the following two months (December, January) the price has had an average incrementation from $422,229.5 to $451,030. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $436,629.75 to $393,692 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $385,635 they are 67 % more affordable than the average price for Hertford. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $484,478.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $6,609 / sq.feet price in Hertford. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $385,635 it is 80 % cheaper than the average price in Hertford. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $486,183 it is 115 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $199 / sq.feet followed by "Detached House" priced at $213 / sq.feet. "Land" is the most costly type of property with a $46,458 / sq.feet cost followed by "Detached House" with an average price of $213 / sq.feet.
