The prices in real estate in Fries, 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 Fries has increased strongly during the last 6 months. In November, the average price per sq.feet was $361. In the following month the price per sq.feet increased considerably to $631. In the following two months the price per sq.feet has increased 105 %, going from $496 to $521.5 per sq.feet. The price per sq.feet has had a considerable deflation of 78 % 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 $508.75 to $396 during March, and April.
Based upon to the price in Fries (cities), this has fallen considerably in the last 6 months. The average price for November is $274,943. During December the price had a slight fall till $239,774. 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 reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $218,850.25 to $199,197.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $201,721 they are 10 % more affordable than the average price for Fries. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 1 bedroom priced at $189,300.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $218 / sq.feet price in Fries. The properties with the highest average prices have 1 bedroom. They are 111 % more expensive than the average followed by properties with 2 bedrooms with a price at $168 / sq.feet.
With regard to the average price based upon the property in Fries we can see that the cheapest property type is "House" at a price of $194,056, they are 4 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 4 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $192 / sq.feet. "House" with an average cost of $192 / sq.feet has the lowest price and would be directed at less affluent cities.