The prices in real estate in Lucama, in the North Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Lucama has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,827. In the following month the price per sq.feet decreased considerably to $495. The price for the following two months in (December, January) had a considerable decrease of 14 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 27 % 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 $662 to $178.5 during February, and March.
Based upon to the price in Lucama (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $188,842. During November the price went through a considerable rise reaching $229,682. During the following two months (December, January) the average price had a considerable increase of 137 % 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 risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $269,958 they are 49 % more affordable than the average price for Lucama. The properties with the lowest average price have 1 bedroom, Their price is 32 % cheaper than the average. After that we have properties with 2 bedrooms priced at $138,738.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $174 / sq.feet price in Lucama. The properties with the lowest average prices have 1 bedroom. They are 37 % cheaper than the average followed by properties with 2 bedrooms with a price at $54 / sq.feet.
With regard to the average price based upon the property in Lucama we can see that the cheapest property type is "House" at a price of $170,883, they are 37 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 37 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $45 / sq.feet. "House" with an average cost of $45 / sq.feet has the lowest price and would be directed at less affluent cities.