Property prices for sale in Blowing Rock (North Carolina)
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 October, the average price per sq.feet was $8,295. In the following month the price per sq.feet decreased considerably to $495. The price for the following two months in (December, January) had a considerable increment of 154 %. The price per sq.feet has had a considerable increase of 424 % 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 $5,577 to $23,672.5 during February, and March.
Based upon to the price in Blowing Rock (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $859,824. During November the price went through a considerable rise reaching $1,055,710. In the following two months the average price has remained the same with regard to the previous two months from $957,767 to $941,305.5. During the last two months the average price has had a strong fall compared to the previous four going from $949,536.25 to $768,041.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $702,614 they are 29 % more affordable than the average price for Blowing Rock. The properties with the highest average price have 4 bedrooms, Their price is 172 % more costly than the average. After that we have properties with 3 bedrooms priced at $908,182.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $364 / sq.feet, with an average $26,432 / sq.feet price in Blowing Rock. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 4 bedrooms with a price at $438 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $702,614 it is 73 % cheaper than the average price in Blowing Rock. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $713,051 it is 68 % 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 $396 / sq.feet followed by "Condo" priced at $492 / sq.feet. "Land" is the most costly type of property with a $147,565 / sq.feet cost followed by "Condo" with an average price of $492 / sq.feet.
