Property prices for sale in Berkeley Springs (West Virginia)
The prices in real estate in Berkeley Springs, 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 Berkeley Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $193. In the following month the price per sq.feet increased considerably to $501. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per sq.feet has had a considerable increase of 352 % 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 $376 to $1,323 during February, and March.
Based upon to the price in Berkeley Springs (cities), this has fallen considerably in the last 6 months. The average price for October is $342,509. During November the price had a slight fall till $314,210. During the following two months (December, January) the average price fell 87 % 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 $306,714.25 to $270,488.5 in 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 $261,047 they are 11 % more affordable than the average price for Berkeley Springs. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $320,119.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $567 / sq.feet, with an average $1,487 / sq.feet price in Berkeley Springs. The properties with the lowest average prices have 3 bedrooms. They are 46 % cheaper than the average followed by properties with 4 bedrooms with a price at $794 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $261,047 it is 60 % cheaper than the average price in Berkeley Springs. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $411,830 it is 88 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $101 / sq.feet followed by "Townhouse" priced at $196 / sq.feet. "Land" is the most costly type of property with a $10,568 / sq.feet cost followed by "House" with an average price of $723 / sq.feet.
