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 February, the average price per sq.feet was $124. In the following month the price per sq.feet increased considerably to $813. The price for the following two months in (April, May) had a considerable increment of 269 %. The price per sq.feet has increased 113 % 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 $864.25 to $979.5 during June, and July.
Based upon to the price in Hedgesville (cities), this has fallen considerably in the last 6 months. The average price for February is $236,999. During March the price had a considerable reduction till $188,325. During the following two months (April, May) the average price had a considerable reduction of 81 % with regard to the previous two months. 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 $192,030.25 and $193,688 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $209,209 they are 37 % more affordable than the average price for Hedgesville. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $242,224.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $165 / sq.feet, with an average $798 / sq.feet price in Hedgesville. The properties with the highest average prices have 4 bedrooms. They are 83 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,004 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $209,209 it is 80 % cheaper than the average price in Hedgesville. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $153,860 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $77 / sq.feet followed by "Farm" priced at $121 / sq.feet. "House" is the most costly type of property with a $1,945 / sq.feet cost followed by "Cabin" with an average price of $1,108 / sq.feet.