The prices in real estate in Pisgah Forest, 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 Pisgah Forest has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $14,950. In the following month the price per sq.feet decreased considerably to $905. The price for the following two months in (May, June) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 42 % 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 $4,463.25 to $1,868 during July, and August.
Based upon to the price in Pisgah Forest (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $462,363. During April the price went through a considerable rise reaching $659,620. During the following two months (May, June) the price has had an average incrementation from $560,991.5 to $643,470.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 47 % cheaper than the average price of $337,812 in Pisgah Forest. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 47 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 89 % cheaper than the average price of ($333 / sq.feet) in Pisgah Forest. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 89 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Pisgah Forest we can see that the cheapest property type is "House" at a price of $341,921, they are 47 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 47 % 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 $98 / sq.feet. "House" with an average cost of $98 / sq.feet has the lowest price and would be directed at less affluent cities.