The prices in real estate in Haymarket, in the 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 Haymarket has increased strongly during the last 6 months. In October, the average price per sq.feet was $268. In November this price pretty much remained the same at a value of $268 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $268 to $264.5 per sq.feet. The price per sq.feet has had a considerable increase of 2763 % 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 $266.25 to $7,355.5 during February, and March.
Based upon to the price in Haymarket (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $745,270. In November This price remains at $768,680. In the following two months the average price has remained the same with regard to the previous two months from $756,975 to $727,410.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $742,192.75 and $750,693.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $754,991 they are 56 % more affordable than the average price for Haymarket. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 4 bedrooms priced at $622,032.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $118 / sq.feet, with an average $5,618 / sq.feet price in Haymarket. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $140 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $754,991 it is 31 % cheaper than the average price in Haymarket. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $627,830 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $109 / sq.feet followed by "Apartment" priced at $123 / sq.feet. "House" is the cheapest type of property with a $143 / sq.feet value followed by "Apartment" with an average price of $123 / sq.feet.