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 March, the average price per sq.feet was $122. In April this price pretty much remained the same at a value of $128 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 120 % 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 $142 to $171 during July, and August.
Based upon to the price in Gerrardstown (cities), this has gone up in the last 6 months. The price in March is $300,868, rising in April till $327,098. During the following two months (May, June) the price has had an average incrementation from $313,983 to $358,619. During the last two months the average price has had a strong fall compared to the previous four going from $336,301 to $284,131.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $251,855 they are 8 % more affordable than the average price for Gerrardstown. The properties with the highest average price have 4 bedrooms, Their price is 150 % more costly than the average. After that we have properties with 1 bedroom priced at $315,644.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $127 / sq.feet, with an average $210 / sq.feet price in Gerrardstown. The properties with the lowest average prices have 4 bedrooms. They are 18 % cheaper than the average followed by properties with 1 bedroom with a price at $154 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $251,855 it is 0 % more expensive than the average price in Gerrardstown. "Detached House" is seen as the second dearest property type. The dearest property type is "Detached House" followed by "House". At a price of $252,739 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $105 / sq.feet followed by "House" priced at $136 / sq.feet. "House" is the cheapest type of property with a $136 / sq.feet value followed by "Detached House" with an average price of $105 / sq.feet.