The prices in real estate in Swansboro, 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 Swansboro has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,701. In the following month the price per sq.feet decreased considerably to $217. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 294 % 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 $2,335 to $6,870.5 during February, and March.
Based upon to the price in Swansboro (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $446,816. In November This price remains at $465,639. During the following two months (December, January) the price has had an average incrementation from $456,227.5 to $503,870.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $520,029 they are 55 % more affordable than the average price for Swansboro. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 1 bedroom priced at $234,342.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $70 / sq.feet, with an average $8,817 / sq.feet price in Swansboro. The properties with the lowest average prices have 4 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $520,029 it is 77 % cheaper than the average price in Swansboro. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $230,843 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $22 / sq.feet followed by "Condo" priced at $65 / sq.feet. "House" is the cheapest type of property with a $216 / sq.feet value followed by "Condo" with an average price of $65 / sq.feet.