The prices in real estate in Chesapeake, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Chesapeake has increased during the last 6 months. In October, the average price per sq.feet was $157. In the following month the price per sq.feet increased to $168. In the following two months the price per sq.feet has increased 111 %, going from $162.5 to $181 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $171.75 to $175 during February y March
Based upon to the price in Chesapeake (cities), this has gone up in the last 6 months. The price in October is $382,137, rising in November till $434,972. During the following two months (December, January) the price has had an average incrementation from $408,554.5 to $444,447.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $426,501 and $410,367.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $321,532 they are 40 % more affordable than the average price for Chesapeake. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $362,394.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $146 / sq.feet, with an average $164 / sq.feet price in Chesapeake. The properties with the highest average prices have 4 bedrooms. They are 2312 % more expensive than the average followed by properties with 1 bedroom with a price at $166 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $321,532 it is 32 % cheaper than the average price in Chesapeake. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Apartment". At a price of $409,087 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $117 / sq.feet followed by "Duplex" priced at $118 / sq.feet. "Apartment" is the most costly type of property with a $1,473 / sq.feet cost followed by "Townhouse" with an average price of $493 / sq.feet.