Property prices for sale in Southern Pines (North Carolina)
The prices in real estate in Southern Pines, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Southern Pines has increased during the last 6 months. In October, the average price per sq.feet was $249. In November this price pretty much remained the same at a value of $253 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $251 to $260 per sq.feet. The price per sq.feet has increased 108 % 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 $255.5 to $276 during February, and March.
Based upon to the price in Southern Pines (cities), these have remained the same in the last 6 months. The price in October is $530,144, rising in November till $593,553. In the following two months the average price has remained the same with regard to the previous two months from $561,848.5 to $553,989.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $557,919 to $508,747 in 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 $477,429 they are 75 % more affordable than the average price for Southern Pines. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $418,056.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $268 / sq.feet price in Southern Pines. The properties with the lowest average prices have 1 bedroom. They are 6 % cheaper than the average followed by properties with 2 bedrooms with a price at $213 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $477,429 it is 47 % cheaper than the average price in Southern Pines. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $479,723 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $132 / sq.feet followed by "House" priced at $198 / sq.feet. "Detached House" is the most costly type of property with a $270 / sq.feet cost followed by "Townhouse" with an average price of $216 / sq.feet.
