The prices in real estate in Chase City, in the Virginia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Chase City has increased strongly during the last 6 months. In November, the average price per sq.feet was $165. In the following month the price per sq.feet increased to $179. The price for the following two months in (January, February) had a considerable increment of 769 %. The price per sq.feet has had a considerable increase of 635 % 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 $747.75 to $4,744.5 during March, and April.
Based upon to the price in Chase City (cities), these have remained the same in the last 6 months. The price in November is $194,026, rising in December till $208,575. In the following two months the average price has remained the same with regard to the previous two months from $201,300.5 to $193,946.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $197,623.5 to $184,377.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $215,325 they are 62 % more affordable than the average price for Chase City. The properties with the lowest average price have 1 bedroom, Their price is 61 % cheaper than the average. After that we have properties with 2 bedrooms priced at $82,338.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($2 / sq.feet) in Chase City. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $215,325 it is 62 % cheaper than the average price in Chase City. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "". At a price of $82,338 it is 48 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $2 / sq.feet. "Apartment" with an average cost of $2 / sq.feet has the lowest price and would be directed at less affluent cities.