Property prices for sale in Huntington (West Virginia)
The prices in real estate in Huntington, in the West Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Huntington has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,568. In the following month the price per sq.feet decreased considerably to $1,231. In the following two months the price per sq.feet has barely changed, going from $1,399.5 to $1,442.5 per sq.feet. The price per sq.feet has had a considerable deflation of 56 % 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 $1,421 to $791.5 during February, and March.
Based upon to the price in Huntington (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $159,728. In November This price remains at $153,416. In the following two months the average price has remained the same with regard to the previous two months from $156,572 to $159,708. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $158,140 and $150,840 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $152,181 they are 39 % more affordable than the average price for Huntington. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $132,568.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $68 / sq.feet, with an average $863 / sq.feet price in Huntington. The properties with the lowest average prices have 4 bedrooms. They are 3 % cheaper than the average followed by properties with 1 bedroom with a price at $551 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $152,181 it is 65 % cheaper than the average price in Huntington. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $164,500 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $353 / sq.feet followed by "Condo" priced at $441 / sq.feet. "Land" is the most costly type of property with a $2,388 / sq.feet cost followed by "Commercial" with an average price of $1,991 / sq.feet.
