Property prices for sale in Broadway (Virginia)
The prices in real estate in Broadway, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Broadway has increased during the last 6 months. In October, the average price per sq.feet was $201. In November this price pretty much remained the same at a value of $205 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $203 to $216.5 per sq.feet. The price per sq.feet has increased 114 % 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 $209.75 to $239 during February, and March.
Based upon to the price in Broadway (cities), this has gone downing the last 6 months. The average price for October is $384,708. During November the price had a slight fall till $346,326. During the following two months (December, January) the average price fell 89 % 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 $385,612 they are 58 % more affordable than the average price for Broadway. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 3 bedrooms priced at $245,117.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $81 / sq.feet, with an average $229 / sq.feet price in Broadway. The properties with the lowest average prices have 1 bedroom. They are 55 % cheaper than the average followed by properties with 3 bedrooms with a price at $94 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $385,612 it is 77 % cheaper than the average price in Broadway. "Semi-Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Semi-Detached House". At a price of $170,246 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Semi-Detached House" at an average cost of $67 / sq.feet followed by "House" priced at $81 / sq.feet. "Apartment" is the most costly type of property with a $10,224 / sq.feet cost followed by "House" with an average price of $81 / sq.feet.
