The prices in real estate in West End, 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 West End has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $116. In April this price pretty much remained the same at a value of $113 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 218 % 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 $57.25 to $125 during July, and August.
Based upon to the price in West End (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $321,061. In April This price remains at $319,899. During the following two months (May, June) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 198 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 18 % more costly than the average price of $380,152 in West End. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 18 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 14 % cheaper than the average price of ($108 / sq.feet) in West End. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $323,245 it is 9 % cheaper than the average price in West End. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $294,481 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $99 / sq.feet followed by "House" priced at $108 / sq.feet. "House" is the cheapest type of property with a $108 / sq.feet value followed by "Farm" with an average price of $99 / sq.feet.