The prices in real estate in Cary, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Cary has increased during the last 6 months. In November, the average price per sq.feet was $216. In the following month the price per sq.feet increased to $233. In the following two months the price per sq.feet has increased 106 %, going from $224.5 to $237 per sq.feet. The price per sq.feet has increased 109 % 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 $230.75 to $252 during March, and April.
Based upon to the price in Cary (cities), these have remained the same in the last 6 months. The average price for November is $584,568. During December the price had a slight fall till $523,932. In the following two months the average price has remained the same with regard to the previous two months from $554,250 to $571,967.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % 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 $614,717 they are 41 % more affordable than the average price for Cary. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 1 bedroom priced at $481,877.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $184 / sq.feet, with an average $253 / sq.feet price in Cary. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 2 bedrooms with a price at $239 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $614,717 it is 40 % cheaper than the average price in Cary. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $577,214 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $140 / sq.feet followed by "Apartment" priced at $189 / sq.feet. "Condo" is the most costly type of property with a $388 / sq.feet cost followed by "House" with an average price of $217 / sq.feet.