The prices in real estate in Kill Devil Hills, 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 Kill Devil Hills has increased strongly during the last 6 months. In May, the average price per sq.feet was $242. In June this price pretty much remained the same at a value of $242 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 184 %. The price per sq.feet has had a considerable deflation of 66 % 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 $343.75 to $226 during September, and October.
Based upon to the price in Kill Devil Hills (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $335,903. In June This price remains at $330,344. In the following two months the average price has remained the same with regard to the previous two months from $333,123.5 to $339,622. 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 $336,372.75 and $349,584 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $355,442 they are 50 % more affordable than the average price for Kill Devil Hills. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,264.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $203 / sq.feet, with an average $233 / sq.feet price in Kill Devil Hills. The properties with the highest average prices have 2 bedrooms. They are 19 % more expensive than the average followed by properties with 1 bedroom with a price at $274 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $355,442 it is 38 % cheaper than the average price in Kill Devil Hills. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $337,502 it is 1 % 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 $203 / sq.feet followed by "House" priced at $230 / sq.feet. "Land" is the most costly type of property with a $318 / sq.feet cost followed by "Condo" with an average price of $249 / sq.feet.