Property prices for sale in Fayetteville (North Carolina)
The prices in real estate in Fayetteville, in the North Carolina 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 Fayetteville has increased strongly during the last 6 months. In October, the average price per sq.feet was $150. In November this price pretty much remained the same at a value of $149 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $149.5 to $150 per sq.feet. The price per sq.feet has had a considerable increase of 1086 % 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 $149.75 to $1,626 during February, and March.
Based upon to the price in Fayetteville (cities), these have remained the same in the last 6 months. The average price for October is $302,367. During November the price had a slight fall till $276,501. During the following two months (December, January) the price has had an average incrementation from $289,434 to $307,065. 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 $298,249.5 and $301,119.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $317,406 they are 89 % more affordable than the average price for Fayetteville. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $221,617.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $78 / sq.feet, with an average $3,102 / sq.feet price in Fayetteville. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 2 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $317,406 it is 64 % cheaper than the average price in Fayetteville. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $286,328 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $126 / sq.feet followed by "House" priced at $141 / sq.feet. "Townhouse" is the cheapest type of property with a $154 / sq.feet value followed by "House" with an average price of $141 / sq.feet.
