Property prices for sale in Albemarle (North Carolina)
The prices in real estate in Albemarle, in the North Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Albemarle has increased strongly during the last 6 months. In October, the average price per sq.feet was $200. In November this price pretty much remained the same at a value of $193 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 410 % 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 $190.5 to $781 during February, and March.
Based upon to the price in Albemarle (cities), this has gone downing the last 6 months. The average price for October is $327,438. During November the price had a slight fall till $291,099. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $294,906.5 to $278,393.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $265,384 they are 54 % more affordable than the average price for Albemarle. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $288,436.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $187 / sq.feet, with an average $1,351 / sq.feet price in Albemarle. The properties with the lowest average prices have 1 bedroom. They are 75 % cheaper than the average followed by properties with 2 bedrooms with a price at $203 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $265,384 it is 41 % cheaper than the average price in Albemarle. "Land" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $282,125 it is 38 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $53 / sq.feet followed by "Duplex" priced at $98 / sq.feet. "Land" is the most costly type of property with a $34,663 / sq.feet cost followed by "House" with an average price of $186 / sq.feet.
