The prices in real estate in Falling Waters, 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 Falling Waters has increased strongly during the last 6 months. In November, the average price per sq.feet was $166. In the following month the price per sq.feet increased to $179. The price for the following two months in (January, February) had a considerable increment of 862 %. The price per sq.feet has had a considerable increase of 397 % 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 $829.5 to $3,289.5 during March, and April.
Based upon to the price in Falling Waters (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $296,640. In December This price remains at $305,343. In the following two months the average price has remained the same with regard to the previous two months from $300,991.5 to $312,783.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $329,851 they are 78 % more affordable than the average price for Falling Waters. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 2 bedrooms priced at $235,201.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $50 / sq.feet, with an average $176 / sq.feet price in Falling Waters. The properties with the lowest average prices have 2 bedrooms. They are 37 % cheaper than the average followed by properties with 3 bedrooms with a price at $76 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $329,851 it is 38 % cheaper than the average price in Falling Waters. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $230,049 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $51 / sq.feet followed by "Farm" priced at $55 / sq.feet. "Duplex" is the cheapest type of property with a $103 / sq.feet value followed by "House" with an average price of $80 / sq.feet.