Property prices for sale in Fincastle (Virginia)
The prices in real estate in Fincastle, 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 Fincastle has increased strongly during the last 6 months. In October, the average price per sq.feet was $231. In the following month the price per sq.feet decreased considerably to $177. In the following two months the price per sq.feet has barely changed, going from $204 to $199.5 per sq.feet. The price per sq.feet has had a considerable increase of 2444 % 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 $201.75 to $4,930 during February, and March.
Based upon to the price in Fincastle (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $584,864. In November This price remains at $564,641. During the following two months (December, January) the price has had an average incrementation from $574,752.5 to $627,020. 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 showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 2 % more costly than the average price of $783,827 in Fincastle. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 2 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 94 % cheaper than the average price of ($546 / sq.feet) in Fincastle. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 94 % cheaper than the average value aforementioned.
