Property prices for sale in Black Mountain (North Carolina)
The prices in real estate in Black Mountain, 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 Black Mountain has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,647. In the following month the price per sq.feet decreased considerably to $2,731. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable increase of 391 % 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 $3,352 to $13,109 during February, and March.
Based upon to the price in Black Mountain (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $657,649. In November This price remains at $684,115. In the following two months the average price has remained the same with regard to the previous two months from $670,882 to $683,992.5. During the last two months the average price has had a strong fall compared to the previous four going from $677,437.25 to $541,806.5, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $589,062 they are 52 % more affordable than the average price for Black Mountain. The properties with the highest average price have 4 bedrooms, Their price is 84 % more costly than the average. After that we have properties with 3 bedrooms priced at $631,118.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $331 / sq.feet, with an average $13,617 / sq.feet price in Black Mountain. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $335 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $589,062 it is 66 % cheaper than the average price in Black Mountain. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $753,797 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $88 / sq.feet followed by "Condo" priced at $301 / sq.feet. "Land" is the most costly type of property with a $27,030 / sq.feet cost followed by "House" with an average price of $357 / sq.feet.
