The prices in real estate in Charlotte, in the Vermont region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Charlotte has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $2,647. In the following month the price per sq.feet decreased considerably to $2,214. The price for the following two months in (February, March) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $1,442.75 to $1,235 during April, and May.
Based upon to the price in Charlotte (cities), this has fallen considerably in the last 6 months. The average price for December is $1,551,667. During January the price had a slight fall till $1,399,909. During the following two months (February, March) the average price had a considerable reduction of 62 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,194,126.75 and $1,224,056 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,253,529 they are 66 % more affordable than the average price for Charlotte. The properties with the lowest average price have 4 bedrooms, Their price is 36 % cheaper than the average. After that we have properties with 1 bedroom priced at $589,892.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $191 / sq.feet, with an average $467 / sq.feet price in Charlotte. The properties with the highest average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 2 bedrooms with a price at $336 / 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 $1,114,059, they are 11 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 11 % 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 $278 / sq.feet. "House" with an average cost of $278 / sq.feet has the lowest price and would be directed at less affluent cities.