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 October, the average price per sq.feet was $257. In the following month the price per sq.feet increased to $273. The price for the following two months in (December, January) had a considerable increment of 132 %. The price per sq.feet has had a considerable increase of 965 % 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 $306.75 to $2,961 during February, and March.
Based upon to the price in Candler (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $494,234. In November This price remains at $515,796. In the following two months the average price has remained the same with regard to the previous two months from $505,015 to $480,994. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $493,004.5 to $448,824.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $435,311 they are 51 % more affordable than the average price for Candler. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $536,654.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $228 / sq.feet, with an average $4,359 / sq.feet price in Candler. The properties with the lowest average prices have 1 bedroom. They are 94 % cheaper than the average followed by properties with 4 bedrooms with a price at $250 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $435,311 it is 67 % cheaper than the average price in Candler. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $492,468 it is 40 % 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 $223 / sq.feet followed by "Townhouse" priced at $235 / sq.feet. "Land" is the most costly type of property with a $60,522 / sq.feet cost followed by "Detached House" with an average price of $269 / sq.feet.