The prices in real estate in Mill Spring, in the North Carolina region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Mill Spring has fallen in the last 6 months. In July, the average price per sq.feet was $248. In August this price pretty much remained the same at a value of $253 per sq.feet. The price for the following two months in (September, October) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $242.5 to $224.5 during November, and December.
Based upon to the price in Mill Spring (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $544,600. During August the price went through a considerable rise reaching $663,356. During the following two months (September, October) the average price had a considerable increase of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 56 % cheaper than the average price of $350,559 in Mill Spring. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 56 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 43 % cheaper than the average price of ($133 / sq.feet) in Mill Spring. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 43 % cheaper than the average value aforementioned.
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 $350,559, they are 56 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 56 % 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 $133 / sq.feet. "House" with an average cost of $133 / sq.feet has the lowest price and would be directed at less affluent cities.