The prices in real estate in Bland, in the Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bland has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,472. In the following month the price per sq.feet decreased considerably to $1,016. The price for the following two months in (December, January) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable increase of 165 % 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 $1,577.25 to $2,607 during February, and March.
Based upon to the price in Bland (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $395,266. During November the price went through a considerable rise reaching $730,547. During the following two months (December, January) 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 had a strong fall compared to the previous four going from $506,398.5 to $291,697, which means a 58 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 50 % cheaper than the average price of $152,020 in Bland. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($34 / sq.feet) in Bland. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Bland we can see that the cheapest property type is "House" at a price of $152,020, they are 50 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 50 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $34 / sq.feet. "House" with an average cost of $34 / sq.feet has the lowest price and would be directed at less affluent cities.