The prices in real estate in Brevard, 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 Brevard has increased strongly during the last 6 months. In January, the average price per sq.feet was $177. In February this price pretty much remained the same at a value of $182 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $179.5 to $185 per sq.feet. The price per sq.feet has had a considerable increase of 158 % 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 $182.25 to $287.5 during May, and June.
Based upon to the price in Brevard (cities), this has gone up considerably in the last 6 months. The price in January is $389,117, rising in February till $429,089. During the following two months (March, April) the price has had an average incrementation from $409,103 to $446,882. Based on an analysis of the first four prices and the last two months the average price has risen strongly 285 % 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 $1,186,000 they are 75 % more affordable than the average price for Brevard. The properties with the lowest average price have 4 bedrooms, Their price is 60 % cheaper than the average. After that we have properties with 1 bedroom priced at $358,825.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $158 / sq.feet, with an average $305 / sq.feet price in Brevard. The properties with the lowest average prices have 1 bedroom. They are 27 % cheaper than the average followed by properties with 3 bedrooms with a price at $176 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $1,186,000 it is 85 % cheaper than the average price in Brevard. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $391,553 it is 67 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $102 / sq.feet followed by "House" priced at $167 / sq.feet. "Commercial" is the cheapest type of property with a $203 / sq.feet value followed by "Condo" with an average price of $193 / sq.feet.