The prices in real estate in Hayes, in the Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Hayes has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $173. In the following month the price per sq.feet increased to $183. The price for the following two months in (June, July) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $139.5 to during August, and September.
Based upon to the price in Hayes (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during April, is $433,967. During May the price went through a considerable rise reaching $665,270. During the following two months (June, July) the average price had a considerable reduction of 74 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $479,454.25 to , which means a 0 % fall.