The prices in real estate in Colonial Beach, 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 Colonial Beach has increased during the last 6 months. In June, the average price per sq.feet was $147. In July this price pretty much remained the same at a value of $153 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $150 to $157.5 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 $153.75 to $158.5 during October y November
Based upon to the price in Colonial Beach (cities), these have remained the same in the last 6 months. The average price during our first sample month during June, is $269,988. During July the price went through a considerable rise reaching $316,465. During the following two months (August, September) the average price had a considerable reduction of 83 % 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 94 %, going from $268,505.75 to $251,335 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $252,193 they are 43 % more affordable than the average price for Colonial Beach. The properties with the highest average price have 4 bedrooms, Their price is 124 % more costly than the average. After that we have properties with 3 bedrooms priced at $295,964.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $110 / sq.feet, with an average $160 / sq.feet price in Colonial Beach. The properties with the highest average prices have 4 bedrooms. They are 5 % 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 "Commercial Property" as the most affordable one. At an cost of $252,193 it is 24 % cheaper than the average price in Colonial Beach. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $204,565 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $104 / sq.feet followed by "House" priced at $143 / sq.feet. "Townhouse" is the most costly type of property with a $177 / sq.feet cost followed by "Apartment" with an average price of $146 / sq.feet.