The prices in real estate in Fairfax Station, in the 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 Fairfax Station has increased strongly during the last 6 months. In January, the average price per sq.feet was $216. In February this price pretty much remained the same at a value of $218 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 198 %. 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 $323.5 to $322.5 during May y June
Based upon to the price in Fairfax Station (cities), this has gone up considerably in the last 6 months. The price in January is $1,036,575, rising in February till $1,105,355. During the following two months (March, April) the price has had an average incrementation from $1,070,965 to $1,141,558. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,367,466 they are 37 % more affordable than the average price for Fairfax Station. The properties with the lowest average price have 1 bedroom, Their price is 34 % cheaper than the average. After that we have properties with 2 bedrooms priced at $863,126.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $175 / sq.feet, with an average $222 / sq.feet price in Fairfax Station. The properties with the lowest average prices have 2 bedrooms. They are 7 % cheaper than the average followed by properties with 1 bedroom with a price at $175 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,367,466 it is 37 % cheaper than the average price in Fairfax Station. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $863,126 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $202 / sq.feet followed by "House" priced at $206 / sq.feet. "House" is the cheapest type of property with a $206 / sq.feet value followed by "Apartment" with an average price of $202 / sq.feet.