The prices in real estate in Rocky Mount, 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 Rocky Mount has fallen in the last 6 months. In November, the average price per sq.feet was $109. In the following month the price per sq.feet decreased to $99. The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $101 to $90.5 during March, and April.
Based upon to the price in Rocky Mount (cities), this has fallen considerably in the last 6 months. The average price for November is $289,529. During December the price had a considerable reduction till $219,851. During the following two months (January, February) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $239,185 to $205,485 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $205,284 they are 57 % more affordable than the average price for Rocky Mount. The properties with the highest average price have 4 bedrooms, Their price is 93 % more costly than the average. After that we have properties with 3 bedrooms priced at $132,570.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $92 / sq.feet price in Rocky Mount. The properties with the highest average prices have 1 bedroom. They are 200 % more expensive than the average followed by properties with 4 bedrooms with a price at $130 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $205,284 it is 42 % cheaper than the average price in Rocky Mount. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $215,701 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $57 / sq.feet followed by "Condo" priced at $67 / sq.feet. "House" is the cheapest type of property with a $92 / sq.feet value followed by "Office" with an average price of $68 / sq.feet.