Property prices for sale in New Hill (North Carolina)
The prices in real estate in New Hill, 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 New Hill has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $6,425. In the following month the price per sq.feet increased considerably to $7,396. The price for the following two months in (December, January) had a considerable decrease of 67 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $5,777 to $4,529.5 during February, and March.
Based upon to the price in New Hill (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $664,227. In November This price remains at $662,628. During the following two months (December, January) the price has had an average incrementation from $663,427.5 to $750,760.5. 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 $714,953 they are 55 % more affordable than the average price for New Hill. The properties with the lowest average price have 4 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 1 bedroom priced at $355,487.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $73 / sq.feet, with an average $6,509 / sq.feet price in New Hill. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $113 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $714,953 it is 50 % cheaper than the average price in New Hill. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $355,459 it is 48 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $95 / sq.feet followed by "House" priced at $101 / sq.feet. "House" is the cheapest type of property with a $101 / sq.feet value followed by "Apartment" with an average price of $95 / sq.feet.
