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 October, the average price per sq.feet was $9,587. In the following month the price per sq.feet decreased considerably to $234. The price for the following two months in (December, January) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable increase of 413 % 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 $2,999.25 to $12,390.5 during February, and March.
Based upon to the price in West End (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $418,059. During November the price went through a considerable rise reaching $521,654. In the following two months the average price has remained the same with regard to the previous two months from $469,856.5 to $490,943. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $480,399.75 to $426,236.5 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 11 % cheaper than the average price of $364,853 in West End. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 11 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($67 / 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 100 % 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 $411,510 it is 31 % cheaper than the average price in West End. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $282,625 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $58 / sq.feet followed by "House" priced at $67 / sq.feet. "House" is the cheapest type of property with a $67 / sq.feet value followed by "Farm" with an average price of $58 / sq.feet.