Property prices for sale in Virginia Beach (Virginia)

The prices in real estate in Virginia Beach, in the Virginia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$477,067.83
Average price last 6 months
$248.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Virginia Beach has fallen in the last 6 months. In October, the average price per sq.feet was $269. In the following month the price per sq.feet decreased considerably to $226. In the following two months the price per sq.feet has barely changed, going from $247.5 to $240.5 per sq.feet. The price per sq.feet has increased 105 % 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 $244 to $256.5 during February, and March.

Average price

Based upon to the price in Virginia Beach (cities), this has gone downing the last 6 months. The average price for October is $517,487. During November the price had a considerable reduction till $435,242. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $503,293 they are 47 % more affordable than the average price for Virginia Beach. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $392,729.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $227 / sq.feet, with an average $256 / sq.feet price in Virginia Beach. The properties with the highest average prices have 1 bedroom. They are 66 % more expensive than the average followed by properties with 4 bedrooms with a price at $261 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $503,293 it is 28 % cheaper than the average price in Virginia Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $492,024 it is 52 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $195 / sq.feet followed by "Townhouse" priced at $218 / sq.feet. "Land" is the most costly type of property with a $175,513 / sq.feet cost followed by "House" with an average price of $248 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Virginia Beach
Number of properties used in region Virginia
$503,293
$256
20,150
516,654
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value