The prices in real estate in Sneads Ferry, 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 Sneads Ferry has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $351. In December this price pretty much remained the same at a value of $358 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 70 % 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 $293.75 to $206 during March, and April.
Based upon to the price in Sneads Ferry (cities), this has fallen considerably in the last 6 months. The price in November is $570,857, rising in December till $626,007. During the following two months (January, February) the average price had a considerable reduction of 75 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $524,436.5 to $408,084.5, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $413,959 they are 37 % more affordable than the average price for Sneads Ferry. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $421,834.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $178 / sq.feet, with an average $203 / sq.feet price in Sneads Ferry. The properties with the highest average prices have 1 bedroom. They are 109 % more expensive than the average followed by properties with 2 bedrooms with a price at $288 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $413,959 it is 56 % cheaper than the average price in Sneads Ferry. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $553,565 it is 87 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $243 / sq.feet followed by "Commercial Property" priced at $258 / sq.feet. "Apartment" is the most costly type of property with a $85,099 / sq.feet cost followed by "Condo" with an average price of $390 / sq.feet.