The prices in real estate in Albemarle, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Albemarle has increased during the last 6 months. In December, the average price per sq.feet was $111. In the following month the price per sq.feet increased to $122. In the following two months the price per sq.feet has barely changed, going from $116.5 to $121 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $118.75 to $116.5 during April y May
Based upon to the price in Albemarle (cities), this has gone up in the last 6 months. The price in December is $204,344, rising in January till $228,710. During the following two months (February, March) the price has had an average incrementation from $216,527 to $227,682.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $247,903 they are 40 % more affordable than the average price for Albemarle. The properties with the highest average price have 4 bedrooms, Their price is 60 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,198.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $87 / sq.feet, with an average $116 / sq.feet price in Albemarle. The properties with the lowest average prices have 3 bedrooms. They are 13 % cheaper than the average followed by properties with 2 bedrooms with a price at $97 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $247,903 it is 35 % 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 $224,841 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $74 / sq.feet followed by "Condo" priced at $82 / sq.feet. "Duplex" is the most costly type of property with a $132 / sq.feet cost followed by "House" with an average price of $98 / sq.feet.