The prices in real estate in Candler, 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 Candler has increased strongly during the last 6 months. In January, the average price per sq.feet was $159. In February this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $161 to $161.5 per sq.feet. The price per sq.feet has had a considerable increase of 135 % 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 $161.25 to $217.5 during May, and June.
Based upon to the price in Candler (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $279,980. In February This price remains at $290,213. In the following two months the average price has remained the same with regard to the previous two months from $285,096.5 to $292,063.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $401,505 they are 47 % more affordable than the average price for Candler. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $291,394.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $247 / sq.feet price in Candler. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 2 bedrooms with a price at $161 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $401,505 it is 37 % cheaper than the average price in Candler. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $294,526 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $119 / sq.feet followed by "Farm" priced at $131 / sq.feet. "House" is the cheapest type of property with a $185 / sq.feet value followed by "Farm" with an average price of $131 / sq.feet.