The prices in real estate in Jetersville, 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 Jetersville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,965. In the following month the price per sq.feet decreased considerably to $218. The price for the following two months in (January, February) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 19 % 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 $1,195.25 to $223 during March, and April.
Based upon to the price in Jetersville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $386,591. In December This price remains at $370,732. During the following two months (January, February) the price has had an average incrementation from $378,661.5 to $399,652.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $389,157 to $343,861 in March and April.