The prices in real estate in Dillwyn, 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 Dillwyn has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,449. In the following month the price per sq.feet decreased considerably to $711. In the following two months the price per sq.feet has increased 111 %, going from $1,080 to $1,201.5 per sq.feet. The price per sq.feet has had a considerable deflation of 49 % 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 $1,140.75 to $559 during March, and April.
Based upon to the price in Dillwyn (cities), this has gone downing the last 6 months. The average price for November is $411,904. During December the price had a slight fall till $390,672. During the following two months (January, February) the average price fell 90 % 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 88 %, going from $381,442.75 to $335,907 in March and April.