The prices in real estate in Kings Mountain, in the North Carolina region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Kings Mountain has fallen in the last 6 months. In April, the average price per sq.feet was $105. In May this price pretty much remained the same at a value of $106 per sq.feet. The price for the following two months in (June, July) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable increase of 161 % 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 $80.75 to $130 during August, and September.
Based upon to the price in Kings Mountain (cities), this has fallen considerably in the last 6 months. The average price for April is $200,733. During May the price had a slight fall till $184,959. During the following two months (June, July) the average price had a considerable reduction of 50 % 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 risen strongly 148 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $207,840 they are 34 % more affordable than the average price for Kings Mountain. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $210,740.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $98 / sq.feet, with an average $129 / sq.feet price in Kings Mountain. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 1 bedroom with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $207,840 it is 56 % cheaper than the average price in Kings Mountain. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial Property". At a price of $100,369 it is 4 % 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 $60 / sq.feet followed by "Townhouse" priced at $64 / sq.feet. "House" is the most costly type of property with a $133 / sq.feet cost followed by "Duplex" with an average price of $65 / sq.feet.