The prices in real estate in Midway Park, in the North Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Midway Park has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $31,881. In the following month the price per sq.feet decreased considerably to $146. The price for the following two months in (May, June) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable increase of 143 % 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 $9,036 to $12,889 during July, and August.
Based upon to the price in Midway Park (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $168,775. During April the price went through a considerable rise reaching $208,428. During the following two months (May, June) the price has had an average incrementation from $188,601.5 to $208,103. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $205,354 they are 83 % more affordable than the average price for Midway Park. The properties with the lowest average price have 1 bedroom, Their price is 59 % cheaper than the average. After that we have properties with 4 bedrooms priced at $82,678.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $3 / sq.feet, with an average $19,371 / sq.feet price in Midway Park. The properties with the lowest average prices have 1 bedroom. They are 100 % cheaper than the average followed by properties with 3 bedrooms with a price at $12 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $205,354 it is 60 % 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 "". At a price of $82,263 it is 56 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $8 / sq.feet. "Apartment" with an average cost of $8 / sq.feet has the lowest price and would be directed at less affluent cities.