The prices in real estate in Spring Hope, 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 Spring Hope has increased during the last 6 months. In November, the average price per sq.feet was $178. In the following month the price per sq.feet increased considerably to $332. The price for the following two months in (January, February) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % 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 $237.5 to $125 during March, and April.
Based upon to the price in Spring Hope (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $719,440. During December the price went through a considerable rise reaching $1,193,225. During the following two months (January, February) the average price had a considerable reduction of 76 % 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 $840,864.75 to $265,266, which means a 32 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 17 % more costly than the average price of $272,027 in Spring Hope. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 17 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 41 % cheaper than the average price of ($76 / sq.feet) in Spring Hope. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 41 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $231,940 it is 46 % cheaper than the average price in Spring Hope. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $125,018 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $49 / sq.feet followed by "House" priced at $76 / sq.feet. "House" is the cheapest type of property with a $76 / sq.feet value followed by "Commercial" with an average price of $49 / sq.feet.