The average price in the North Carolina region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in North Carolina has increased in the last 6 months. During August, the average price per sq.feet was $205. The following month (September) the price had a considerable increase reaching $424 per sq.feet. The following two months (October, November) went through a considerable deflation of 55 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 69 %. This has been obtained by comparing the price of $243 for the first four months of the sample with regard to the previous 4 months and the price of $168.5 per sq.feet for the last two months (December, January).
Based upon to the price in North Carolina(region), this has increased considerably in the last 6 months. The average price in August is $333,184. In September the price increased to $353,484. The price in the following months (October, November) had a strong increment of 119 % going from $343,334 to $407,561. During the last two months the price has had a considerable increase of 123 % with respect to the previous four months going from $375,447.5 a $460,511.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 58 % more affordable than the average price in North Carolina followed by those with 1 with an average price of $231,066. The cheapest properties have 4 bedrooms. They are 3 % cheaper than the average followed by those properties with 3 bedrooms priced at $303,523.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $151 / sq.feet being $195 / sq.feet the average value within the North Carolina region. The properties with the most expensive average price are those with 1 bedroom. These are 40 % more costly than the average followed by those with 2 bedrooms with a price of $170 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $520,308 it is 84 % more affordable than the average in North Carolina. This is followed by "Townhouse" with a price of $250,157. The dearest property type is "Commercial" and is 150 % more expensive than the average, followed by "Detached House" with a cost of $760,936.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $118 / sq.feet, followed by "House" with a price of $181 / sq.feet. "Land" with an average price of $3,933 / sq.feet is the most costly type of property followed by "Condo" at a price of $331 / sq.feet.