The prices in real estate in Cape Charles, in the Virginia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cape Charles has remained the same in the last 6 months. In August, the average price per sq.feet was $200. In September this price pretty much remained the same at a value of $202 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $201 to $207 per sq.feet. The price per sq.feet has increased 105 % 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 $204 to $215 during December, and January.
Based upon to the price in Cape Charles (cities), this has gone downing the last 6 months. The price in August is $517,762, rising in September till $562,338. During the following two months (October, November) the average price had a considerable reduction of 84 % 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 $496,265 to $410,521, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $449,523 they are 55 % more affordable than the average price for Cape Charles. The properties with the highest average price have 4 bedrooms, Their price is 106 % more costly than the average. After that we have properties with 1 bedroom priced at $529,137.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $148 / sq.feet, with an average $176 / sq.feet price in Cape Charles. The properties with the highest average prices have 1 bedroom. They are 555 % more expensive than the average followed by properties with 4 bedrooms with a price at $279 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $449,523 it is 3 % cheaper than the average price in Cape Charles. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $563,903 it is 271 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $158 / sq.feet followed by "Commercial" priced at $184 / sq.feet. "House" is the most costly type of property with a $417 / sq.feet cost followed by "Commercial" with an average price of $184 / sq.feet.