The prices in real estate in Kitty Hawk, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Kitty Hawk has increased during the last 6 months. In November, the average price per sq.feet was $264. In December this price pretty much remained the same at a value of $260 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $262 to $271 per sq.feet. The price per sq.feet has increased 113 % 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 $266.5 to $301.5 during March, and April.
Based upon to the price in Kitty Hawk (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,242,629. In December This price remains at $1,259,700. During the following two months (January, February) the average price had a considerable reduction of 75 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $1,094,026 to $933,858.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $869,348 they are 73 % more affordable than the average price for Kitty Hawk. The properties with the lowest average price have 4 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 3 bedrooms priced at $377,846.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $210 / sq.feet, with an average $314 / sq.feet price in Kitty Hawk. The properties with the highest average prices have 2 bedrooms. They are 3 % more expensive than the average followed by properties with 1 bedroom with a price at $287 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $869,348 it is 48 % cheaper than the average price in Kitty Hawk. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $454,212 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $197 / sq.feet followed by "House" priced at $205 / sq.feet. "House" is the cheapest type of property with a $205 / sq.feet value followed by "Land" with an average price of $197 / sq.feet.