Property prices for sale in Carolina (Rhode Island)
The prices in real estate in Carolina, in the Rhode Island 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 Carolina has increased strongly during the last 6 months. In October, the average price per sq.feet was $216. In the following month the price per sq.feet increased to $244. The price for the following two months in (December, January) had a considerable increment of 126 %. The price per sq.feet has had a considerable increase of 138 % 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 $260 to $359.5 during February, and March.
Based upon to the price in Carolina (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $278,567. In November This price remains at $289,317. During the following two months (December, January) the average price had a considerable increase of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 141 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $414,595 they are 35 % more affordable than the average price for Carolina. The properties with the highest average price have 4 bedrooms, Their price is 74 % more costly than the average. After that we have properties with 2 bedrooms priced at $494,077.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $195 / sq.feet, with an average $356 / sq.feet price in Carolina. The properties with the highest average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 2 bedrooms with a price at $456 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $414,595 it is 29 % cheaper than the average price in Carolina. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Condo". At a price of $441,595 it is 53 % 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 $175 / sq.feet followed by "Detached House" priced at $266 / sq.feet. "Condo" is the most costly type of property with a $433 / sq.feet cost followed by "Detached House" with an average price of $266 / sq.feet.
