The prices in real estate in Fancy Gap, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Fancy Gap has increased during the last 6 months. In November, the average price per sq.feet was $4,737. In the following month the price per sq.feet decreased considerably to $229. The price for the following two months in (January, February) had a considerable increment of 328 %. The price per sq.feet has decreased 86 % 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 $5,317.75 to $4,557 during March, and April.
Based upon to the price in Fancy Gap (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $268,671. During December the price went through a considerable rise reaching $330,280. During the following two months (January, February) the average price had a considerable reduction of 70 % with regard to the previous two months. 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 $254,620 and $250,037 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $324,309 they are 53 % more affordable than the average price for Fancy Gap. The properties with the highest average price have 4 bedrooms, Their price is 88 % more costly than the average. After that we have properties with 3 bedrooms priced at $401,200.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $176 / sq.feet, with an average $230 / sq.feet price in Fancy Gap. The properties with the highest average prices have 3 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at $244 / sq.feet.