The prices in real estate in Shallotte, 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 Shallotte has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $638. In the following month the price per sq.feet decreased considerably to $184. The price for the following two months in (December, January) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable increase of 156 % 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 $304.5 to $476 during February, and March.
Based upon to the price in Shallotte (cities), this has gone downing the last 6 months. The average price for October is $346,713. During November the price had a slight fall till $318,573. In the following two months the average price has remained the same with regard to the previous two months from $332,643 to $326,824.5. 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 $329,733.75 and $317,534.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $319,561 they are 21 % more affordable than the average price for Shallotte. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 2 bedrooms priced at $343,432.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $161 / sq.feet, with an average $737 / sq.feet price in Shallotte. The properties with the lowest average prices have 1 bedroom. They are 54 % cheaper than the average followed by properties with 2 bedrooms with a price at $277 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $319,561 it is 3 % more expensive than the average price in Shallotte. "Detached House" is seen as the second dearest property type. The dearest property type is "Land" followed by "Townhouse". At a price of $367,458 it is 62 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $160 / sq.feet followed by "House" priced at $181 / sq.feet. "Land" is the most costly type of property with a $106,348 / sq.feet cost followed by "Detached House" with an average price of $207 / sq.feet.