The prices in real estate in Jewell Ridge, 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 Jewell Ridge has increased strongly during the last 6 months. In November, the average price per sq.feet was $92. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 10963 %. The price per sq.feet has had a considerable deflation of 3 % 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 $2,544.5 to $77.5 during March, and April.
Based upon to the price in Jewell Ridge (cities), this has fallen considerably in the last 6 months. The average price for November is $114,510. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable increase of 125 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 141 % during the last two months.