The prices in real estate in Hedgesville, 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 Hedgesville has increased strongly during the last 6 months. In October, the average price per sq.feet was $351. In the following month the price per sq.feet decreased considerably to $193. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 293 % 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 $257.75 to $754.5 during February, and March.
Based upon to the price in Hedgesville (cities), this has gone up in the last 6 months. The price in October is $312,010, rising in November till $328,794. In the following two months the average price has remained the same with regard to the previous two months from $320,402 to $329,620. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $342,436 they are 34 % more affordable than the average price for Hedgesville. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $331,025.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $233 / sq.feet, with an average $758 / sq.feet price in Hedgesville. The properties with the highest average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $735 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $342,436 it is 31 % cheaper than the average price in Hedgesville. "Condo" is seen as the second most affordable property type. The dearest property type is "Cabin" followed by "House". At a price of $370,812 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $149 / sq.feet followed by "Townhouse" priced at $151 / sq.feet. "Land" is the most costly type of property with a $14,061 / sq.feet cost followed by "Cabin" with an average price of $9,431 / sq.feet.