The prices in real estate in Buffalo Junction, 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 Buffalo Junction has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $27,103. In the following month the price per sq.feet decreased considerably to $21,334. 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 121 % 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 $17,123.25 to $20,726.5 during February, and March.
Based upon to the price in Buffalo Junction (cities), this has gone up considerably in the last 6 months. The price in October is $321,974, rising in November till $340,616. During the following two months (December, January) the average price had a considerable increase of 273 % 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 $618,058.25 to $460,816, which means a 75 % fall.