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 November, the average price per sq.feet was $271. The following month (December) the price increased to $297 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $284 to $283 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 324 %. This has been obtained by comparing the price of $283.5 for the first four months of the sample with regard to the previous 4 months and the price of $918 per sq.feet for the last two months (March, April).
Based upon to the price in North Carolina(region), this has increased in the last 6 months. In the first month sample November the average price is $434,583. In December the price was the same at $437,530. In the following two months the average price didn't change much compared to the previous two going from $436,056.5 to $450,954. During the last two months the price has had a considerable increase of 120 % with respect to the previous four months going from $443,505.25 a $532,249.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 41 % more affordable than the average price in North Carolina followed by those with 2 with an average price of $357,774. The most costly properties have 4 bedrooms. They are 23 % more expensive than the average followed by those properties with 3 bedrooms priced at $459,443.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $255 / sq.feet being $285 / 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 57 % more costly than the average followed by those with 2 bedrooms with a price of $285 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $566,574 it is 69 % more affordable than the average in North Carolina. This is followed by "Townhouse" with a price of $390,365. The dearest property type is "Commercial" and is 107 % more expensive than the average, followed by "Apartment" with a cost of $605,723.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $216 / sq.feet, followed by "Commercial" with a price of $252 / sq.feet. "Land" with an average price of $2,144 / sq.feet is the most costly type of property followed by "Condo" at a price of $363 / sq.feet.