Property prices for sale in Kings Mountain (North Carolina)
The prices in real estate in Kings Mountain, 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 Kings Mountain has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,289. In the following month the price per sq.feet decreased considerably to $200. The price for the following two months in (December, January) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable increase of 546 % 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 $1,297.25 to $7,083 during February, and March.
Based upon to the price in Kings Mountain (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $357,727. In November This price remains at $374,398. During the following two months (December, January) the price has had an average incrementation from $366,062.5 to $391,795.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $378,929 to $358,248 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 $353,322 they are 68 % more affordable than the average price for Kings Mountain. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $311,680.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $149 / sq.feet, with an average $10,674 / sq.feet price in Kings Mountain. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $353,322 it is 75 % cheaper than the average price in Kings Mountain. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $426,471 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $18 / sq.feet followed by "Townhouse" priced at $22 / sq.feet. "Land" is the most costly type of property with a $104,120 / sq.feet cost followed by "Detached House" with an average price of $196 / sq.feet.
