The prices in real estate in Barboursville, in the West Virginia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Barboursville has increased strongly during the last 6 months. In September, the average price per sq.feet was $453. In the following month the price per sq.feet increased considerably to $740. In the following two months the price per sq.feet has barely changed, going from $596.5 to $571 per sq.feet. The price per sq.feet has had a considerable increase of 164 % 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 $583.75 to $959.5 during January, and February.
Based upon to the price in Barboursville (cities), these have remained the same in the last 6 months. The price in September is $280,674, rising in October till $302,053. In the following two months the average price has remained the same with regard to the previous two months from $291,363.5 to $287,031. 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 $289,197.25 and $289,427.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $290,616 they are 64 % more affordable than the average price for Barboursville. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $236,511.
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 Barboursville. The properties with the lowest average prices have 3 bedrooms. They are 29 % cheaper than the average followed by properties with 4 bedrooms with a price at $590 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $290,616 it is 10 % cheaper than the average price in Barboursville. "Detached House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Land". At a price of $550,039 it is 110 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $130 / sq.feet followed by "House" priced at $354 / sq.feet. "Land" is the most costly type of property with a $6,633 / sq.feet cost followed by "Condo" with an average price of $406 / sq.feet.