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 September, the average price per sq.feet was $223. In October this price pretty much remained the same at a value of $226 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $224.5 to $238.5 per sq.feet. The price per sq.feet has increased 109 % 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 $231.5 to $252 during January, and February.
Based upon to the price in Colonial Beach (cities), this has gone up in the last 6 months. The price in September is $347,645, rising in October till $365,196. During the following two months (November, December) the price has had an average incrementation from $356,420.5 to $375,632. 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 $366,026.25 and $380,139 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $388,074 they are 46 % more affordable than the average price for Colonial Beach. 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 $282,909.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $88 / sq.feet, with an average $256 / sq.feet price in Colonial Beach. The properties with the highest average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at $179 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $388,074 it is 53 % cheaper than the average price in Colonial Beach. "Detached House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $261,070 it is 26 % 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 $53 / sq.feet followed by "Detached House" priced at $100 / sq.feet. "House" is the cheapest type of property with a $160 / sq.feet value followed by "Townhouse" with an average price of $126 / sq.feet.