The prices in real estate in New Hill, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in New Hill has increased during the last 6 months. In September, the average price per sq.feet was $156. In October this price pretty much remained the same at a value of $161 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $158.5 to $167 per sq.feet. The price per sq.feet has increased 108 % 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 $162.75 to $175 during January, and February.
Based upon to the price in New Hill (cities), this has gone up in the last 6 months. The price in September is $410,782, rising in October till $436,003. In the following two months the average price has remained the same with regard to the previous two months from $423,392.5 to $438,375.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % 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 $513,793 they are 35 % more affordable than the average price for New Hill. The properties with the lowest average price have 4 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 1 bedroom priced at $368,911.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $110 / sq.feet, with an average $178 / sq.feet price in New Hill. The properties with the lowest average prices have 2 bedrooms. They are 4 % cheaper than the average followed by properties with 3 bedrooms with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $513,793 it is 28 % 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 $368,883 it is 25 % 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 $132 / sq.feet followed by "House" priced at $138 / sq.feet. "House" is the cheapest type of property with a $138 / sq.feet value followed by "Apartment" with an average price of $132 / sq.feet.