Property prices for sale in Forest (Virginia)
The prices in real estate in Forest, 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 Forest has increased strongly during the last 6 months. In November, the average price per sq.feet was $185. In December this price pretty much remained the same at a value of $188 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $186.5 to $194 per sq.feet. The price per sq.feet has had a considerable increase of 419 % 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 $190.25 to $797 during March, and April.
Based upon to the price in Forest (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $496,100. In December This price remains at $488,518. During the following two months (January, February) the average price fell 93 % 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 $475,120.5 and $462,635.5 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 $468,114 they are 66 % more affordable than the average price for Forest. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $359,356.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $88 / sq.feet, with an average $187 / sq.feet price in Forest. The properties with the lowest average prices have 2 bedrooms. They are 3 % cheaper than the average followed by properties with 3 bedrooms with a price at $180 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $468,114 it is 43 % cheaper than the average price in Forest. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $323,106 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $45 / sq.feet followed by "Commercial" priced at $47 / sq.feet. "House" is the cheapest type of property with a $174 / sq.feet value followed by "Condo" with an average price of $169 / sq.feet.
