Property prices for sale in Kingwood (West Virginia)
The prices in real estate in Kingwood, in the West 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 Kingwood has increased strongly during the last 6 months. In October, the average price per sq.feet was $150. In November this price pretty much remained the same at a value of $146 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $148 to $160.5 per sq.feet. The price per sq.feet has had a considerable increase of 752 % 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 $154.25 to $1,159.5 during February, and March.
Based upon to the price in Kingwood (cities), this has gone downing the last 6 months. The average price for October is $419,754. During November the price had a slight fall till $388,020. In the following two months the average price has remained the same with regard to the previous two months from $403,887 to $415,031. 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 $409,459 to $361,872 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $329,114 they are 78 % more affordable than the average price for Kingwood. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $278,411.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $84 / sq.feet, with an average $2,104 / sq.feet price in Kingwood. The properties with the lowest average prices have 3 bedrooms. They are 93 % cheaper than the average followed by properties with 4 bedrooms with a price at $140 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $329,114 it is 66 % cheaper than the average price in Kingwood. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $390,109 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $50 / sq.feet followed by "House" priced at $81 / sq.feet. "Condo" is the most costly type of property with a $41,251 / sq.feet cost followed by "Apartment" with an average price of $149 / sq.feet.
