Property prices for sale in Gerrardstown (West Virginia)
The prices in real estate in Gerrardstown, in the West 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 Gerrardstown has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,129. In the following month the price per sq.feet increased considerably to $2,664. The price for the following two months in (December, January) had a considerable increment of 147 %. The price per sq.feet has had a considerable increase of 167 % 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 $2,338.25 to $3,899 during February, and March.
Based upon to the price in Gerrardstown (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $363,476. In November This price remains at $380,458. During the following two months (December, January) the average price had a considerable increase of 127 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $439,086 they are 50 % more affordable than the average price for Gerrardstown. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 1 bedroom priced at $303,849.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $84 / sq.feet, with an average $3,838 / sq.feet price in Gerrardstown. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $116 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $439,086 it is 45 % cheaper than the average price in Gerrardstown. "Detached House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $242,077 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $62 / sq.feet followed by "House" priced at $93 / sq.feet. "House" is the cheapest type of property with a $93 / sq.feet value followed by "Detached House" with an average price of $62 / sq.feet.
