The prices in real estate in Knightdale, 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 Knightdale has increased during the last 6 months. In July, the average price per sq.feet was $129. In August this price pretty much remained the same at a value of $135 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $132 to $136 per sq.feet. The price per sq.feet has increased 107 % 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 $134 to $143.5 during November, and December.
Based upon to the price in Knightdale (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is $301,092. In August This price remains at $308,880. During the following two months (September, October) the average price fell 93 % 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 92 %, going from $294,009 to $269,072.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $288,278 they are 24 % more expensive than the average price for Knightdale. Following this ranking we find those properties with 2 at an average price of $369,588. The properties with the highest average price have 2 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 1 bedroom priced at $357,581.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $122 / sq.feet, with an average $141 / sq.feet price in Knightdale. The properties with the lowest average prices have 1 bedroom. They are 13 % cheaper than the average followed by properties with 2 bedrooms with a price at $122 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $288,278 it is 1 % cheaper than the average price in Knightdale. "Commercial" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $365,537 it is 28 % 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 $83 / sq.feet followed by "Commercial" priced at $111 / sq.feet. "Apartment" is the cheapest type of property with a $122 / sq.feet value followed by "Commercial" with an average price of $111 / sq.feet.