The prices in real estate in Charlotte, 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 Charlotte has increased during the last 6 months. In November, the average price per sq.feet was $177. In December this price pretty much remained the same at a value of $173 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $175 to $195 per sq.feet. The price per sq.feet has increased 112 % 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 $185 to $207 during March, and April.
Based upon to the price in Charlotte (cities), this has gone up in the last 6 months. The average price for November is $374,311. During December the price had a slight fall till $349,989. During the following two months (January, February) the average price had a considerable increase of 118 % 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 gone up 115 % 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 $497,182 they are 58 % more affordable than the average price for Charlotte. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $264,284.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $150 / sq.feet, with an average $201 / sq.feet price in Charlotte. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $204 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $497,182 it is 34 % cheaper than the average price in Charlotte. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $343,270 it is 91 % 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 $160 / sq.feet followed by "Villa" priced at $165 / sq.feet. "House" is the most costly type of property with a $250 / sq.feet cost followed by "Condo" with an average price of $238 / sq.feet.