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 January, the average price per sq.feet was $72. In the following month the price per sq.feet increased considerably to $108. The price for the following two months in (March, April) had a considerable increment of 116 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $97 to $101 during May y June
Based upon to the price in Fayetteville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $134,713. During February the price went through a considerable rise reaching $235,397. During the following two months (March, April) the average price had a considerable increase of 127 % 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 109 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 21 % cheaper than the average price of $168,648 in Fayetteville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 18 % cheaper than the average price of ($80 / sq.feet) in Fayetteville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 18 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $214,668 it is 21 % cheaper than the average price in Fayetteville. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Townhouse". At a price of $176,706 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $75 / sq.feet followed by "Townhouse" priced at $76 / sq.feet. "Apartment" is the cheapest type of property with a $80 / sq.feet value followed by "Townhouse" with an average price of $76 / sq.feet.