The prices in real estate in Weaverville, 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 Weaverville has increased strongly during the last 6 months. In March, the average price per sq.feet was $201. In the following month the price per sq.feet increased considerably to $248. The price for the following two months in (May, June) had a considerable increment of 119 %. The price per sq.feet has decreased 87 % 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 $245.75 to $214.5 during July, and August.
Based upon to the price in Weaverville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $450,195. During April the price went through a considerable rise reaching $543,234. During the following two months (May, June) the average price had a considerable increase of 144 % 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 $605,185 to $487,206, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $557,890 they are 55 % more affordable than the average price for Weaverville. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $418,050.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $185 / sq.feet, with an average $235 / sq.feet price in Weaverville. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 2 bedrooms with a price at $220 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $557,890 it is 41 % cheaper than the average price in Weaverville. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $335,612 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $109 / sq.feet followed by "Townhouse" priced at $113 / sq.feet. "House" is the cheapest type of property with a $203 / sq.feet value followed by "Townhouse" with an average price of $113 / sq.feet.