The prices in real estate in Berryville, 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
The price per sq.feet in Berryville has fallen in the last 6 months. In November, the average price per sq.feet was $3,619. In the following month the price per sq.feet decreased considerably to $287. The price for the following two months in (January, February) had a considerable increment of 285 %. The price per sq.feet has had a considerable deflation of 65 % 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 $3,759.75 to $2,426 during March, and April.
Based upon to the price in Berryville (cities), this has gone up considerably in the last 6 months. The average price for November is $559,791. During December the price had a slight fall till $511,609. During the following two months (January, February) the average price had a considerable increase of 136 % 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 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $672,694 they are 84 % more affordable than the average price for Berryville. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $653,830.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $113 / sq.feet, with an average $292 / sq.feet price in Berryville. The properties with the highest average prices have 3 bedrooms. They are 175 % more expensive than the average followed by properties with 4 bedrooms with a price at $337 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $672,694 it is 8 % cheaper than the average price in Berryville. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $720,912 it is 42 % 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 $244 / sq.feet followed by "House" priced at $281 / sq.feet. "Land" is the most costly type of property with a $47,508 / sq.feet cost followed by "House" with an average price of $281 / sq.feet.