The average price in the North Carolina region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in North Carolina has increased strongly in the last 6 months. During February, the average price per sq.feet was $203. The following month (March) the price had a considerable increase reaching $357 per sq.feet. In the following two months (April, May) the price per sq.feet has risen strongly to a 209 %. In the last two months, the price per sq.feet has had a significant increase of 253 %. This has been obtained by comparing the price of $432.75 for the first four months of the sample with regard to the previous 4 months and the price of $1,097 per sq.feet for the last two months (June, July).
Based upon to the price in North Carolina(region), this has increased considerably in the last 6 months. The average price in February is $328,399. In March the price increased to $371,090. The price in the following months (April, May) had a strong increment of 124 % going from $349,744.5 to $434,753.5. During the last two months the price has reduced 95 % compared to the previous average values going from $392,249 a $371,565 in June and July.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 53 % more affordable than the average price in North Carolina followed by those with 2 with an average price of $237,620. The most costly properties have 4 bedrooms. They are 38 % more expensive than the average followed by those properties with 3 bedrooms priced at $331,396.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $159 / sq.feet being $291 / sq.feet the average value within the North Carolina region. The properties with the most expensive average price are those with 4 bedrooms. These are 301 % more costly than the average followed by those with 3 bedrooms with a price of $262 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $350,484 it is 80 % more affordable than the average in North Carolina. This is followed by "Townhouse" with a price of $217,180. The dearest property type is "Commercial" and is 60 % more expensive than the average, followed by "House" with a cost of $530,884.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $119 / sq.feet, followed by "Condo" with a price of $390 / sq.feet. "House" with an average price of $2,570 / sq.feet is the most costly type of property followed by "Commercial" at a price of $1,721 / sq.feet.