Property prices for sale in Elkins (West Virginia)
The prices in real estate in Elkins, in the West 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 Elkins has increased strongly during the last 6 months. In November, the average price per sq.feet was $132. In the following month the price per sq.feet increased to $151. The price for the following two months in (January, February) had a considerable increment of 306 %. The price per sq.feet has had a considerable deflation of 65 % 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 $287 to $187 during March, and April.
Based upon to the price in Elkins (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $229,768. In December This price remains at $236,192. During the following two months (January, February) the price has had an average incrementation from $232,980 to $252,929.5. 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 $242,954.75 and $242,922.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $225,078 they are 33 % more affordable than the average price for Elkins. The properties with the highest average price have 3 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 4 bedrooms priced at $210,935.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $159 / sq.feet price in Elkins. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $225,078 it is 30 % cheaper than the average price in Elkins. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $157,450 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $138 / sq.feet followed by "Condo" priced at $351 / sq.feet. "Condo" is the most costly type of property with a $351 / sq.feet cost followed by "House" with an average price of $138 / sq.feet.
