The prices in real estate in Sneads Ferry, in the North Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Sneads Ferry has increased strongly during the last 6 months. In March, the average price per sq.feet was $2,101. In the following month the price per sq.feet increased considerably to $2,540. The price for the following two months in (May, June) had a considerable increment of 141 %. The price per sq.feet has increased 111 % 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 $2,798.75 to $3,100.5 during July, and August.
Based upon to the price in Sneads Ferry (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $188,504. In April This price remains at $185,069. During the following two months (May, June) the price has had an average incrementation from $186,786.5 to $209,125.5. 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 $197,956 and $188,299 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 $184,543 they are 39 % more affordable than the average price for Sneads Ferry. The properties with the highest average price have 2 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $112,399.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $68 / sq.feet, with an average $3,052 / sq.feet price in Sneads Ferry. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $184,543 it is 39 % cheaper than the average price in Sneads Ferry. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $188,623 it is 2 % 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 $48 / sq.feet followed by "Duplex" priced at $67 / sq.feet. "Commercial Property" is the cheapest type of property with a $302 / sq.feet value followed by "House" with an average price of $96 / sq.feet.