The prices in real estate in Kilmarnock, in the Virginia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Kilmarnock has remained the same in the last 6 months. In July, the average price per sq.feet was $196. In the following month the price per sq.feet increased to $222. In the following two months the price per sq.feet has barely changed, going from $209 to $212.5 per sq.feet. The price per sq.feet has had a considerable deflation of 75 % 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 $210.75 to $157.5 during November, and December.
Based upon to the price in Kilmarnock (cities), this has fallen considerably in the last 6 months. The price in July is $524,769, rising in August till $583,083. During the following two months (September, October) the average price fell 95 % 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 $539,399 to $290,929.5, which means a 54 % fall.