The prices in real estate in Huntersville, 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 Huntersville has increased strongly during the last 6 months. In November, the average price per sq.feet was $193. In the following month the price per sq.feet increased considerably to $965. The price for the following two months in (January, February) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 54 % 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 $389.5 to $210 during March, and April.
Based upon to the price in Huntersville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $517,261. During December the price went through a considerable rise reaching $1,722,904. During the following two months (January, February) the average price had a considerable reduction of 49 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $833,688.5 to $566,265.5, which means a 68 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $581,024 they are 52 % more affordable than the average price for Huntersville. The properties with the lowest average price have 4 bedrooms, Their price is 37 % cheaper than the average. After that we have properties with 1 bedroom priced at $363,995.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $121 / sq.feet, with an average $219 / sq.feet price in Huntersville. The properties with the highest average prices have 2 bedrooms. They are 48 % more expensive than the average followed by properties with 3 bedrooms with a price at $135 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $581,024 it is 65 % cheaper than the average price in Huntersville. "House" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Duplex". At a price of $383,991 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $79 / sq.feet followed by "Duplex" priced at $85 / sq.feet. "Apartment" is the most costly type of property with a $1,166 / sq.feet cost followed by "House" with an average price of $121 / sq.feet.