Property prices for sale in Chesterfield (Virginia)
The prices in real estate in Chesterfield, 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 Chesterfield has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $570. In the following month the price per sq.feet decreased considerably to $238. The price for the following two months in (December, January) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $306.25 to $209.5 during February, and March.
Based upon to the price in Chesterfield (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $519,621. In November This price remains at $539,794. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $506,920.75 to $480,300 in 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 $479,498 they are 98 % more affordable than the average price for Chesterfield. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $376,528.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $13 / sq.feet, with an average $215 / sq.feet price in Chesterfield. The properties with the highest average prices have 4 bedrooms. They are 638 % more expensive than the average followed by properties with 3 bedrooms with a price at $674 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $479,498 it is 63 % cheaper than the average price in Chesterfield. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $461,596 it is 6 % 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 $63 / sq.feet followed by "Townhouse" priced at $183 / sq.feet. "House" is the most costly type of property with a $2,706 / sq.feet cost followed by "Detached House" with an average price of $364 / sq.feet.
