The prices in real estate in Indian Trail, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Indian Trail has increased during the last 6 months. In January, the average price per sq.feet was $195. In February this price pretty much remained the same at a value of $195 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $195 to $201 per sq.feet. The price per sq.feet has increased 110 % 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 $198 to $218 during May, and June.
Based upon to the price in Indian Trail (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $458,186. In February This price remains at $445,952. In the following two months the average price has remained the same with regard to the previous two months from $452,069 to $451,693. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $495,994 they are 61 % more affordable than the average price for Indian Trail. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at $319,421.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $224 / sq.feet price in Indian Trail. The properties with the lowest average prices have 1 bedroom. They are 25 % cheaper than the average followed by properties with 2 bedrooms with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $495,994 it is 42 % cheaper than the average price in Indian Trail. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $304,671 it is 29 % 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 $74 / sq.feet followed by "Apartment" priced at $81 / sq.feet. "House" is the cheapest type of property with a $135 / sq.feet value followed by "Apartment" with an average price of $81 / sq.feet.