The prices in real estate in Catawba, 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 Catawba has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,803. In the following month the price per sq.feet decreased considerably to $244. In the following two months the price per sq.feet has increased 105 %, going from $2,523.5 to $2,661.5 per sq.feet. The price per sq.feet has had a considerable increase of 185 % 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 $2,592.5 to $4,795.5 during February, and March.
Based upon to the price in Catawba (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $335,588. During November the price went through a considerable rise reaching $534,975. In the following two months the average price has remained the same with regard to the previous two months from $435,281.5 to $414,948. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.