Property prices for sale in Arden (North Carolina)
The prices in real estate in Arden, 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 Arden has increased strongly during the last 6 months. In October, the average price per sq.feet was $364. In November this price pretty much remained the same at a value of $346 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $355 to $393.5 per sq.feet. The price per sq.feet has had a considerable increase of 1972 % 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 $374.25 to $7,381 during February, and March.
Based upon to the price in Arden (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $814,603. During November the price went through a considerable rise reaching $959,400. In the following two months the average price has remained the same with regard to the previous two months from $887,001.5 to $885,545.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $886,273.5 and $858,201 between 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 $807,382 they are 70 % more affordable than the average price for Arden. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $334,480.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $7,995 / sq.feet price in Arden. The properties with the lowest average prices have 1 bedroom. They are 95 % cheaper than the average followed by properties with 4 bedrooms with a price at $193 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $807,382 it is 65 % cheaper than the average price in Arden. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Duplex". At a price of $442,637 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $115 / sq.feet followed by "Apartment" priced at $135 / sq.feet. "House" is the cheapest type of property with a $168 / sq.feet value followed by "Condo" with an average price of $145 / sq.feet.
