Property prices for sale in Merritt (North Carolina)

The prices in real estate in Merritt, 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.

$320,518.5
Average price last 6 months
$15,628.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Merritt has increased strongly during the last 6 months. In November, the average price per sq.feet was $7,943. In December this price pretty much remained the same at a value of $7,734 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 259 %. The price per sq.feet has had a considerable increase of 133 % 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 $14,071 to $18,744.5 during March, and April.

Average price

Based upon to the price in Merritt (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $468,582. During December the price went through a considerable rise reaching $559,710. During the following two months (January, February) the average price had a considerable reduction of 42 % 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 $364,827.75 to $231,900, which means a 64 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 2 bedrooms. It is 5 % cheaper than the average price of $289,065 in Merritt. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 5 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 100 % cheaper than the average price of ($69 / sq.feet) in Merritt. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 100 % cheaper than the average value aforementioned.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Merritt
Number of properties used in region North Carolina
$304,467
$17,535
270
725,686
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value