The rent prices in real estate in Asheville, in the North Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Asheville has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.53. In the following month the price per sq.feet rose considerably to $1.83. In the following two months the price per sq.feet has practically remained the same, going from $1.68 to $1.75 per sq.feet. The price per sq.feet has risen 107 % 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 $1.72 to $1.83 during July, and August.
When referring to the price in Asheville (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,615. In April This price remains at $1,547. During the following two months (May, June) the average price had a considerable rise of 117 % 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 had a strong increase of 117 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,159 they are 36 % more affordable than the average price for Asheville . The properties with the highest average price have 3 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,998.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.91 / sq.feet price in Asheville. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.68 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,159 it is 87 % more affordable than the average price in Asheville. "House" is seen as the second most affordable property type. The most affordable property is "Land" followed by "Condo". At a price of $1,668 it is 19 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.