The prices in real estate in Midway Park, in the North Carolina region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Midway Park has remained the same in the last 6 months. In March, the average price per sq.feet was $95. In the following month the price per sq.feet increased to $104. In the following two months the price per sq.feet has barely changed, going from $99.5 to $103 per sq.feet. The price per sq.feet has had a considerable deflation of 84 % 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 $101.25 to $85.5 during July, and August.
Based upon to the price in Midway Park (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $97,900. During April the price went through a considerable rise reaching $118,614. During the following two months (May, June) the price has had an average incrementation from $108,257 to $122,953. During the last two months the average price has had a strong fall compared to the previous four going from $115,605 to $86,739.5, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $97,802 they are 62 % more affordable than the average price for Midway Park. The properties with the lowest average price have 1 bedroom, Their price is 12 % cheaper than the average. After that we have properties with 3 bedrooms priced at $83,174.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $23 / sq.feet, with an average $94 / sq.feet price in Midway Park. The properties with the lowest average prices have 1 bedroom. They are 52 % cheaper than the average followed by properties with 3 bedrooms with a price at $44 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $97,802 it is 12 % cheaper than the average price in Midway Park. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $86,248 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $45 / sq.feet followed by "Apartment" priced at $50 / sq.feet. "Apartment" is the cheapest type of property with a $50 / sq.feet value followed by "House" with an average price of $45 / sq.feet.