The prices in real estate in Blowing Rock, 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 Blowing Rock has increased strongly during the last 6 months. In January, the average price per sq.feet was $319. In the following month the price per sq.feet increased considerably to $6,572. The price for the following two months in (March, April) had a considerable increment of 1993 %. The price per sq.feet has had a considerable increase of 195 % 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 $36,054.75 to $70,472.5 during May, and June.
Based upon to the price in Blowing Rock (cities), this has fallen considerably in the last 6 months. The average price for January is $1,264,646. During February the price had a slight fall till $1,111,650. During the following two months (March, April) the average price had a considerable reduction of 61 % 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 $958,430.5 to $487,866.5, which means a 51 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 30 % cheaper than the average price of $320,148 in Blowing Rock. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($134 / sq.feet) in Blowing Rock. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $457,880 it is 30 % cheaper than the average price in Blowing Rock. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $320,148 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $134 / sq.feet followed by "Land" priced at $155 / sq.feet. "Land" is the cheapest type of property with a $155 / sq.feet value followed by "House" with an average price of $134 / sq.feet.