The prices in real estate in Chesterfield, 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 Chesterfield has increased strongly during the last 6 months. In January, the average price per sq.feet was $132. In February this price pretty much remained the same at a value of $136 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 416 %. The price per sq.feet has had a considerable increase of 434 % 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 $346 to $1,502.5 during May, and June.
Based upon to the price in Chesterfield (cities), this has gone up in the last 6 months. The price in January is $325,287, rising in February till $353,939. In the following two months the average price has remained the same with regard to the previous two months from $339,613 to $338,503. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $403,624 they are 41 % more affordable than the average price for Chesterfield. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 1 bedroom priced at $366,931.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $1,216 / sq.feet price in Chesterfield. The properties with the lowest average prices have 2 bedrooms. They are 82 % cheaper than the average followed by properties with 3 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $403,624 it is 49 % cheaper than the average price in Chesterfield. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $344,123 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $124 / sq.feet followed by "Apartment" priced at $129 / sq.feet. "Commercial" is the cheapest type of property with a $230 / sq.feet value followed by "Condo" with an average price of $130 / sq.feet.