The prices in real estate in Rockingham, in the North Carolina region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Rockingham has remained the same in the last 6 months. In May, the average price per sq.feet was $111. In June this price pretty much remained the same at a value of $111 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 115 %. The price per sq.feet has had a considerable deflation of 79 % 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 $119.5 to $94 during September, and October.
Based upon to the price in Rockingham (cities), this has fallen considerably in the last 6 months. In our first sample month during May, the average price is $228,366. In June This price remains at $219,279. During the following two months (July, August) the average price had a considerable reduction of 53 % 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 147 % 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 $372,865 they are 51 % more affordable than the average price for Rockingham. The properties with the highest average price have 1 bedroom, Their price is 9 % more costly than the average. After that we have properties with 4 bedrooms priced at $361,565.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $101 / sq.feet, with an average $122 / sq.feet price in Rockingham. The properties with the highest average prices have 1 bedroom. They are 1317 % more expensive than the average followed by properties with 2 bedrooms with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $372,865 it is 25 % cheaper than the average price in Rockingham. "Duplex" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $280,956 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $107 / sq.feet followed by "House" priced at $140 / sq.feet. "House" is the most costly type of property with a $140 / sq.feet cost followed by "Duplex" with an average price of $107 / sq.feet.