The prices in real estate in Blacksburg, in the Virginia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Blacksburg has remained the same in the last 6 months. In March, the average price per sq.feet was $170. In April this price pretty much remained the same at a value of $164 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $167 to $167.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $167.25 to $165.5 during July y August
Based upon to the price in Blacksburg (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $572,126. In April This price remains at $594,722. During the following two months (May, June) the average price had a considerable increase of 152 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $735,230 to $457,861.5, which means a 62 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $451,932 they are 62 % more affordable than the average price for Blacksburg. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $394,300.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $158 / sq.feet, with an average $167 / sq.feet price in Blacksburg. The properties with the highest average prices have 2 bedrooms. They are 22 % more expensive than the average followed by properties with 1 bedroom with a price at $180 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $451,932 it is 15 % cheaper than the average price in Blacksburg. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $390,259 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $139 / sq.feet followed by "Land" priced at $141 / sq.feet. "House" is the cheapest type of property with a $167 / sq.feet value followed by "Land" with an average price of $141 / sq.feet.