The prices in real estate in Iron Station, 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 Iron Station has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,142. In the following month the price per sq.feet decreased considerably to $1,080. The price for the following two months in (December, January) had a considerable increment of 225 %. The price per sq.feet has had a considerable increase of 428 % 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 $3,426 to $14,654 during February, and March.
Based upon to the price in Iron Station (cities), this has fallen considerably in the last 6 months. The average price for October is $568,361. During November the price had a considerable reduction till $475,595. In the following two months the average price has remained the same with regard to the previous two months from $521,978 to $533,989.5. During the last two months the average price has had a strong fall compared to the previous four going from $527,983.75 to $387,894, which means a 73 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 34 % cheaper than the average price of $274,989 in Iron Station. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 34 % 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 ($58 / sq.feet) in Iron Station. 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.
With regard to the average price based upon the property in Iron Station we can see that the cheapest property type is "House" at a price of $274,989, they are 34 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 34 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $58 / sq.feet. "House" with an average cost of $58 / sq.feet has the lowest price and would be directed at less affluent cities.