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 March, the average price per sq.feet was $4,758. In the following month the price per sq.feet decreased considerably to $1,849. The price for the following two months in (May, June) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable increase of 122 % 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 $2,942.5 to $3,591 during July, and August.
Based upon to the price in Roxboro (cities), this has gone up in the last 6 months. The price in March is $264,000, rising in April till $300,334. During the following two months (May, June) the price has had an average incrementation from $282,167 to $302,431. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $292,299 and $283,586.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $278,318 they are 78 % more affordable than the average price for Roxboro. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at $161,480.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $37 / sq.feet, with an average $4,132 / sq.feet price in Roxboro. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $82 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $278,318 it is 66 % 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 $130,908 it is 44 % 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 $6 / sq.feet followed by "Farm" priced at $14 / sq.feet. "Land" is the cheapest type of property with a $36 / sq.feet value followed by "Farm" with an average price of $14 / sq.feet.