Property prices for sale in Mill Spring (North Carolina)
The prices in real estate in Mill Spring, 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 Mill Spring has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $26,115. In the following month the price per sq.feet decreased considerably to $17,196. The price for the following two months in (December, January) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable increase of 160 % 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 $16,514.5 to $26,405 during February, and March.
Based upon to the price in Mill Spring (cities), this has gone up considerably in the last 6 months. The price in October is $548,153, rising in November till $624,878. During the following two months (December, January) the average price had a considerable increase of 141 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $707,550.75 to $559,102, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $537,495 they are 54 % more affordable than the average price for Mill Spring. The properties with the highest average price have 4 bedrooms, Their price is 171 % more costly than the average. After that we have properties with 3 bedrooms priced at $899,980.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $183 / sq.feet, with an average $27,909 / sq.feet price in Mill Spring. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 4 bedrooms with a price at $435 / sq.feet.
With regard to the average price based upon the property in Mill Spring we can see that the cheapest property type is "House" at a price of $337,125, they are 37 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 37 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $94 / sq.feet. "House" with an average cost of $94 / sq.feet has the lowest price and would be directed at less affluent cities.
