The prices in real estate in Asheville, 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 Asheville has increased during the last 6 months. In December, the average price per sq.feet was $245. In January this price pretty much remained the same at a value of $256 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $250.5 to $248 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $249.25 to $299 during April, and May.
Based upon to the price in Asheville (cities), this has gone up considerably in the last 6 months. The price in December is $587,758, rising in January till $635,426. During the following two months (February, March) the average price fell 89 % 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 risen strongly 165 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,066,618 they are 69 % more affordable than the average price for Asheville. The properties with the lowest average price have 4 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 3 bedrooms priced at $456,207.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $237 / sq.feet, with an average $317 / sq.feet price in Asheville. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $279 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $1,066,618 it is 63 % cheaper than the average price in Asheville. "Office" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $697,724 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $178 / sq.feet followed by "Office" priced at $191 / sq.feet. "House" is the cheapest type of property with a $316 / sq.feet value followed by "Apartment" with an average price of $272 / sq.feet.