Property prices for sale in Indian Valley (Virginia)
The prices in real estate in Indian Valley, 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 Indian Valley has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $179. In December this price pretty much remained the same at a value of $172 per sq.feet. The price for the following two months in (January, February) decreased 95 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $170.75 to $84 during March, and April.
Based upon to the price in Indian Valley (cities), this has fallen considerably in the last 6 months. The average price for November is $389,550. During December the price had a considerable reduction till $245,367. During the following two months (January, February) the average price had a considerable reduction of 77 % 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 $280,226.75 to $114,350, which means a 41 % fall.
