Property prices for sale in Wheeling (West Virginia)
The prices in real estate in Wheeling, in the West 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
The price per sq.feet in Wheeling has fallen in the last 6 months. In November, the average price per sq.feet was $873. In the following month the price per sq.feet decreased considerably to $380. In the following two months the price per sq.feet has increased 110 %, going from $626.5 to $688 per sq.feet. The price per sq.feet has had a considerable increase of 167 % 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 $657.25 to $1,095 during March, and April.
Based upon to the price in Wheeling (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $195,574. In December This price remains at $193,219. During the following two months (January, February) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $175,233.75 to $154,543 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $141,988 they are 57 % more affordable than the average price for Wheeling. The properties with the highest average price have 4 bedrooms, Their price is 81 % more costly than the average. After that we have properties with 3 bedrooms priced at $158,035.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $65 / sq.feet, with an average $1,065 / sq.feet price in Wheeling. The properties with the lowest average prices have 3 bedrooms. They are 65 % cheaper than the average followed by properties with 4 bedrooms with a price at $281 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $141,988 it is 65 % cheaper than the average price in Wheeling. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $173,906 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $135 / sq.feet followed by "Condo" priced at $1,044 / sq.feet. "House" is the most costly type of property with a $1,205 / sq.feet cost followed by "Land" with an average price of $1,096 / sq.feet.
