The prices in real estate in Boyce, in the 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 Boyce has increased strongly during the last 6 months. In March, the average price per sq.feet was $303. In the following month the price per sq.feet decreased to $269. The price for the following two months in (May, June) had a considerable increment of 233 %. The price per sq.feet has had a considerable deflation of 54 % 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 $476.75 to $259 during July, and August.
Based upon to the price in Boyce (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $845,929. During April the price went through a considerable rise reaching $1,220,220. During the following two months (May, June) the average price had a considerable increase of 177 % 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 $1,429,589.75 to $836,606, which means a 59 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $774,110 they are 60 % more affordable than the average price for Boyce. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 1 bedroom priced at $608,500.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $187 / sq.feet, with an average $254 / sq.feet price in Boyce. The properties with the highest average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $229 / sq.feet.
With regard to the average price based upon the property in Boyce we can see that the cheapest property type is "House" at a price of $547,588, they are 29 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 29 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $297 / sq.feet. "House" at an average price of $297 / sq.feet has the most expensive price and would be directed at more affluent cities.