The prices in real estate in Bluefield, in the West 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 Bluefield has fallen in the last 6 months. In March, the average price per sq.feet was $800. In the following month the price per sq.feet decreased considerably to $662. The price for the following two months in (May, June) had a considerable increment of 183 %. The price per sq.feet has had a considerable deflation of 5 % 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 $1,033 to $51 during July, and August.
Based upon to the price in Bluefield (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $139,573. In April This price remains at $143,577. In the following two months the average price has remained the same with regard to the previous two months from $141,575 to $146,792. 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 $144,183.5 and $141,363 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $150,203 they are 48 % more affordable than the average price for Bluefield. The properties with the highest average price have 3 bedrooms, Their price is 149 % more costly than the average. After that we have properties with 4 bedrooms priced at $246,638.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $42 / sq.feet, with an average $54 / sq.feet price in Bluefield. The properties with the highest average prices have 3 bedrooms. They are 135 % more expensive than the average followed by properties with 4 bedrooms with a price at $64 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $150,203 it is 19 % cheaper than the average price in Bluefield. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $121,268 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $28 / sq.feet followed by "House" priced at $52 / sq.feet. "House" is the cheapest type of property with a $52 / sq.feet value followed by "Land" with an average price of $28 / sq.feet.