The prices in real estate in Reidsville, 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 Reidsville has fallen in the last 6 months. In October, the average price per sq.feet was $23,092. In November this price pretty much remained the same at a value of $22,405 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $22,038 to $22,214.5 during February y March
Based upon to the price in Reidsville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $271,597. In November This price remains at $275,353. In the following two months the average price has remained the same with regard to the previous two months from $273,475 to $262,856.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $276,845 they are 55 % more affordable than the average price for Reidsville. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $266,085.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $211 / sq.feet, with an average $25,988 / sq.feet price in Reidsville. The properties with the lowest average prices have 3 bedrooms. They are 88 % cheaper than the average followed by properties with 1 bedroom with a price at $301 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $276,845 it is 38 % cheaper than the average price in Reidsville. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $248,187 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $170 / sq.feet followed by "House" priced at $222 / sq.feet. "Land" is the cheapest type of property with a $18,035 / sq.feet value followed by "House" with an average price of $222 / sq.feet.