The prices in real estate in Catlett, 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 Catlett has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $5,514. In the following month the price per sq.feet increased considerably to $6,436. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable increase of 142 % 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 $3,970.5 to $5,656.5 during February, and March.
Based upon to the price in Catlett (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $1,035,750. During November the price went through a considerable rise reaching $1,419,986. During the following two months (December, January) the price has had an average incrementation from $1,227,868 to $1,364,046. During the last two months the average price has had a strong fall compared to the previous four going from $1,295,957 to $787,149, which means a 61 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 31 % cheaper than the average price of $575,826 in Catlett. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($194 / sq.feet) in Catlett. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $839,715 it is 60 % cheaper than the average price in Catlett. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $355,742 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $15 / sq.feet followed by "Commercial Property" priced at $105 / sq.feet. "House" is the cheapest type of property with a $194 / sq.feet value followed by "Commercial Property" with an average price of $105 / sq.feet.