Property prices for sale in Arden (North Carolina)

The prices in real estate in Arden, in the North Carolina region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$978,196.67
Average price last 6 months
$248.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Arden has fallen in the last 6 months. In October, the average price per sq.feet was $262. In November this price pretty much remained the same at a value of $261 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $261.5 to $249 per sq.feet. The price per sq.feet has decreased 92 % 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 $255.25 to $236 during February, and March.

Average price

Based upon to the price in Arden (cities), this has fallen considerably in the last 6 months. The average price for October is $1,137,031. During November the price had a slight fall till $1,061,991. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,070,164.75 to $794,260.5, which means a 74 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $827,040 they are 70 % more affordable than the average price for Arden. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $341,592.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $164 / sq.feet, with an average $249 / sq.feet price in Arden. The properties with the highest average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 4 bedrooms with a price at $224 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $827,040 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 $458,888 it is 43 % 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 $151 / sq.feet followed by "Apartment" priced at $166 / sq.feet. "House" is the cheapest type of property with a $199 / sq.feet value followed by "Condo" with an average price of $181 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Arden
Number of properties used in region North Carolina
$827,040
$249
648
148,144
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value