Property prices for sale in North Kingstown (Rhode Island)
The prices in real estate in North Kingstown, in the Rhode Island 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 North Kingstown has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,806. In the following month the price per sq.feet decreased considerably to $1,156. The price for the following two months in (January, February) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 39 % 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 $990 to $389 during March, and April.
Based upon to the price in North Kingstown (cities), this has gone up considerably in the last 6 months. The average price for November is $674,245. During December the price had a slight fall till $583,936. During the following two months (January, February) the average price had a considerable increase of 129 % 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 risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $871,899 they are 59 % more affordable than the average price for North Kingstown. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $734,065.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $277 / sq.feet, with an average $365 / sq.feet price in North Kingstown. The properties with the highest average prices have 3 bedrooms. They are 2 % more expensive than the average followed by properties with 4 bedrooms with a price at $358 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $871,899 it is 37 % cheaper than the average price in North Kingstown. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $767,859 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $136 / sq.feet followed by "Detached House" priced at $316 / sq.feet. "Land" is the most costly type of property with a $9,939 / sq.feet cost followed by "House" with an average price of $368 / sq.feet.
