The prices in real estate in Roxboro, 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 Roxboro has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $242. In the following month the price per sq.feet decreased considerably to $178. The price for the following two months in (April, May) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has increased 107 % 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 $157.5 to $168 during June, and July.
Based upon to the price in Roxboro (cities), this has fallen considerably in the last 6 months. The average price for February is $638,480. During March the price had a considerable reduction till $493,860. During the following two months (April, May) the average price had a considerable reduction of 28 % 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 129 % 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 $544,345 they are 89 % more affordable than the average price for Roxboro. The properties with the lowest average price have 4 bedrooms, Their price is 58 % cheaper than the average. After that we have properties with 3 bedrooms priced at $167,588.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $69 / sq.feet, with an average $188 / sq.feet price in Roxboro. The properties with the lowest average prices have 4 bedrooms. They are 19 % cheaper than the average followed by properties with 3 bedrooms with a price at $119 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $544,345 it is 82 % cheaper than the average price in Roxboro. "Farm" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Farm". At a price of $135,864 it is 70 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $43 / sq.feet followed by "Farm" priced at $51 / sq.feet. "Land" is the cheapest type of property with a $73 / sq.feet value followed by "Farm" with an average price of $51 / sq.feet.