Property prices for sale in Chapel Hill (North Carolina)
The prices in real estate in Chapel Hill, 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 Chapel Hill has increased during the last 6 months. In October, the average price per sq.feet was $305. In November this price pretty much remained the same at a value of $299 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $302 to $339.5 per sq.feet. The price per sq.feet has increased 111 % 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 $320.75 to $354.5 during February, and March.
Based upon to the price in Chapel Hill (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,025,690. In November This price remains at $1,046,999. In the following two months the average price has remained the same with regard to the previous two months from $1,036,344.5 to $1,032,521.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,123,444 they are 78 % more affordable than the average price for Chapel Hill. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $634,770.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $306 / sq.feet, with an average $375 / sq.feet price in Chapel Hill. The properties with the highest average prices have 2 bedrooms. They are 15 % more expensive than the average followed by properties with 1 bedroom with a price at $374 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,123,444 it is 74 % cheaper than the average price in Chapel Hill. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $1,242,708 it is 108 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $93 / sq.feet followed by "Townhouse" priced at $113 / sq.feet. "Land" is the most costly type of property with a $133,835 / sq.feet cost followed by "Detached House" with an average price of $546 / sq.feet.
