The prices in real estate in Charlotte, in the Vermont 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 Charlotte has increased strongly during the last 6 months. In October, the average price per sq.feet was $430. In November this price pretty much remained the same at a value of $409 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $419.5 to $441.5 per sq.feet. The price per sq.feet has had a considerable increase of 153 % 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 $430.5 to $657 during February, and March.
Based upon to the price in Charlotte (cities), these have remained the same in the last 6 months. The average price for October is $1,115,985. During November the price had a considerable reduction till $903,910. During the following two months (December, January) the price has had an average incrementation from $1,009,947.5 to $1,073,888. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $1,131,853 they are 62 % more affordable than the average price for Charlotte. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 3 bedrooms priced at $577,345.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $181 / sq.feet, with an average $646 / sq.feet price in Charlotte. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $331 / sq.feet.
With regard to the average price based upon the property in Charlotte we can see that the cheapest property type is "House" at a price of $1,102,963, they are 3 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 3 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $268 / sq.feet. "House" with an average cost of $268 / sq.feet has the lowest price and would be directed at less affluent cities.