The prices in real estate in Great Cacapon, 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 Great Cacapon has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,482. In the following month the price per sq.feet decreased considerably to $211. The price for the following two months in (December, January) had a considerable increment of 156 %. The price per sq.feet has had a considerable increase of 285 % 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 $1,085.5 to $3,094.5 during February, and March.
Based upon to the price in Great Cacapon (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $263,673. During November the price went through a considerable rise reaching $307,729. During the following two months (December, January) the average price fell 88 % 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 109 % 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 $293,100 they are 30 % more affordable than the average price for Great Cacapon. The properties with the highest average price have 3 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 4 bedrooms priced at $323,177.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $186 / sq.feet, with an average $2,566 / sq.feet price in Great Cacapon. The properties with the lowest average prices have 1 bedroom. They are 85 % cheaper than the average followed by properties with 2 bedrooms with a price at $317 / sq.feet.
With regard to the average price based upon the property in Great Cacapon we can see that the cheapest property type is "House" at a price of $231,859, they are 21 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 21 % 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 $196 / sq.feet. "House" with an average cost of $196 / sq.feet has the lowest price and would be directed at less affluent cities.