The prices in real estate in Whitsett, 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 Whitsett has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,091. In the following month the price per sq.feet decreased considerably to $3,025. The price for the following two months in (December, January) had a considerable decrease of 62 with regard to the prior two months. The price per sq.feet has had a considerable increase of 120 % 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 $2,889.25 to $3,473 during February, and March.
Based upon to the price in Whitsett (cities), this has gone up in the last 6 months. The average price for October is $360,083. During November the price had a slight fall till $310,849. During the following two months (December, January) the price has had an average incrementation from $335,466 to $357,724.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % 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 $417,535 they are 39 % more affordable than the average price for Whitsett. The properties with the lowest average price have 1 bedroom, Their price is 35 % cheaper than the average. After that we have properties with 2 bedrooms priced at $256,155.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $47 / sq.feet, with an average $2,111 / sq.feet price in Whitsett. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $47 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $417,535 it is 39 % cheaper than the average price in Whitsett. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $256,155 it is 39 % 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 $45 / sq.feet followed by "House" priced at $47 / sq.feet. "House" is the cheapest type of property with a $47 / sq.feet value followed by "Townhouse" with an average price of $45 / sq.feet.