The prices in real estate in Front Royal, in the Virginia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Front Royal has fallen in the last 6 months. In July, the average price per sq.feet was $791. In the following month the price per sq.feet increased considerably to $1,204. The price for the following two months in (September, October) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 31 % 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 $946.5 to $295 during November, and December.
Based upon to the price in Front Royal (cities), this has gone up in the last 6 months. The average price for July is $259,578. During August the price had a slight fall till $229,696. During the following two months (September, October) the price has had an average incrementation from $244,637 to $276,188. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % 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 $323,314 they are 15 % more affordable than the average price for Front Royal. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 2 bedrooms priced at $307,355.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $225 / sq.feet, with an average $162 / sq.feet price in Front Royal. The properties with the highest average prices have 4 bedrooms. They are 636 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,071 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $323,314 it is 38 % cheaper than the average price in Front Royal. "Land" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Cabin". At a price of $600,643 it is 120 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $445 / sq.feet followed by "House" priced at $1,054 / sq.feet. "Farm" is the most costly type of property with a $1,815 / sq.feet cost followed by "Townhouse" with an average price of $1,740 / sq.feet.