The prices in real estate in Christiansburg, 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 Christiansburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $175. In the following month the price per sq.feet increased to $185. The price for the following two months in (January, February) had a considerable increment of 944 %. 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 $939.5 to $900 during March y April
Based upon to the price in Christiansburg (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $327,915. In December This price remains at $337,129. During the following two months (January, February) the price has had an average incrementation from $332,522 to $376,830.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $393,559 they are 53 % more affordable than the average price for Christiansburg. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $405,298.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $182 / sq.feet, with an average $187 / sq.feet price in Christiansburg. The properties with the highest average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $393,559 it is 50 % cheaper than the average price in Christiansburg. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Land". At a price of $445,923 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $48 / sq.feet followed by "House" priced at $189 / sq.feet. "Land" is the most costly type of property with a $125,343 / sq.feet cost followed by "Condo" with an average price of $261 / sq.feet.