Property prices for sale in Inwood (West Virginia)
The prices in real estate in Inwood, in the West 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 Inwood has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,393. In the following month the price per sq.feet decreased considerably to $329. The price for the following two months in (January, February) had a considerable decrease of 29 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 35 % 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 $554.75 to $195 during March, and April.
Based upon to the price in Inwood (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $325,868. In December This price remains at $328,007. During the following two months (January, February) the price has had an average incrementation from $326,937.5 to $348,263. 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 $337,600.25 and $336,663.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $336,661 they are 59 % more affordable than the average price for Inwood. The properties with the highest average price have 4 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 2 bedrooms priced at $294,957.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $170 / sq.feet, with an average $193 / sq.feet price in Inwood. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $240 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $336,661 it is 47 % cheaper than the average price in Inwood. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $230,436 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $141 / sq.feet followed by "Condo" priced at $153 / sq.feet. "Commercial" is the cheapest type of property with a $193 / sq.feet value followed by "House" with an average price of $183 / sq.feet.
