Property prices for sale in Drakes Branch (Virginia)

The price per sq.feet in Drakes Branch has increased strongly during the last 6 months. In November, the average price per sq.feet was $169. In the following month the price per sq.feet increased considerably to $10,433. The price for the following two months in (January, February) had a considerable decrease of 23 with regard to the prior two months. The price per sq.feet has had a considerable increase of 247 % 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 $3,254.75 to $8,048.5 during March, and April.

Based upon to the price in Drakes Branch (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $338,892. During December the price went through a considerable rise reaching $397,975. In the following two months the average price has remained the same with regard to the previous two months from $368,433.5 to $360,193.5. During the last two months the average price has had a strong fall compared to the previous four going from $364,313.5 to $284,771, which means a 78 % fall.