Property prices for sale in Louisburg (North Carolina)
The prices in real estate in Louisburg, 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 Louisburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $209. In November this price pretty much remained the same at a value of $203 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $206 to $214 per sq.feet. The price per sq.feet has had a considerable increase of 1725 % 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 $210 to $3,622.5 during February, and March.
Based upon to the price in Louisburg (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $384,308. In November This price remains at $391,906. In the following two months the average price has remained the same with regard to the previous two months from $388,107 to $373,254.5. During the last two months the average price has had a strong fall compared to the previous four going from $380,680.75 to $298,006, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $299,201 they are 25 % more affordable than the average price for Louisburg. The properties with the highest average price have 4 bedrooms, Their price is 109 % more costly than the average. After that we have properties with 3 bedrooms priced at $366,033.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,886 / sq.feet, with an average $4,663 / sq.feet price in Louisburg. The properties with the highest average prices have 3 bedrooms. They are 53 % more expensive than the average followed by properties with 1 bedroom with a price at $4,042 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $299,201 it is 64 % cheaper than the average price in Louisburg. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $157,974 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $54 / sq.feet followed by "Land" priced at $3,071 / sq.feet. "House" is the most costly type of property with a $7,153 / sq.feet cost followed by "Land" with an average price of $3,071 / sq.feet.
