The prices in real estate in Waynesville, 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 Waynesville has increased strongly during the last 6 months. In September, the average price per sq.feet was $297. In October this price pretty much remained the same at a value of $305 per sq.feet. The price for the following two months in (November, December) decreased 95 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 1176 % 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 $293 to $3,446 during January, and February.
Based upon to the price in Waynesville (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $584,875. In October This price remains at $610,495. In the following two months the average price has remained the same with regard to the previous two months from $597,685 to $613,815. During the last two months the average price has had a strong fall compared to the previous four going from $605,750 to $472,378, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $472,450 they are 64 % more affordable than the average price for Waynesville. The properties with the highest average price have 4 bedrooms, Their price is 100 % more costly than the average. After that we have properties with 3 bedrooms priced at $561,140.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $282 / sq.feet, with an average $3,547 / sq.feet price in Waynesville. The properties with the lowest average prices have 1 bedroom. They are 90 % cheaper than the average followed by properties with 2 bedrooms with a price at $308 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $472,450 it is 78 % cheaper than the average price in Waynesville. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $518,722 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $235 / sq.feet followed by "House" priced at $275 / sq.feet. "Land" is the most costly type of property with a $36,215 / sq.feet cost followed by "House" with an average price of $275 / sq.feet.