The prices in real estate in Jarratt, 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 Jarratt has increased strongly during the last 6 months. In November, the average price per sq.feet was $145. In the following month the price per sq.feet increased to $153. In the following two months the price per sq.feet has increased 110 %, going from $149 to $164 per sq.feet. The price per sq.feet has had a considerable increase of 558 % 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 $156.5 to $873 during March, and April.
Based upon to the price in Jarratt (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $212,678. In December This price remains at $222,960. In the following two months the average price has remained the same with regard to the previous two months from $217,819 to $210,697.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $214,258.25 to $191,875 in March and April.