The prices in real estate in Manteo, in the North Carolina region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Manteo has remained the same in the last 6 months. In November, the average price per sq.feet was $219. In December this price pretty much remained the same at a value of $221 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $220 to $216.5 per sq.feet. The price per sq.feet has increased 108 % 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 $218.25 to $235 during March, and April.
Based upon to the price in Manteo (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $343,525. In December This price remains at $358,922. During the following two months (January, February) the price has had an average incrementation from $351,223.5 to $399,269. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % 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 $493,292 they are 57 % more affordable than the average price for Manteo. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $409,452.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $220 / sq.feet, with an average $238 / sq.feet price in Manteo. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $243 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $493,292 it is 23 % cheaper than the average price in Manteo. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $379,566 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $208 / sq.feet followed by "Condo" priced at $213 / sq.feet. "Condo" is the cheapest type of property with a $213 / sq.feet value followed by "House" with an average price of $208 / sq.feet.