The prices in real estate in Kinsale, 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 Kinsale has increased strongly during the last 6 months. In November, the average price per sq.feet was $5,128. In December this price pretty much remained the same at a value of $5,113 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 276 %. The price per sq.feet has had a considerable increase of 175 % 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 $9,637 to $16,832 during March, and April.
Based upon to the price in Kinsale (cities), these have remained the same in the last 6 months. The price in November is $392,429, rising in December till $423,544. In the following two months the average price has remained the same with regard to the previous two months from $407,986.5 to $409,881. During the last two months the average price has had a strong fall compared to the previous four going from $408,933.75 to $347,138.5, which means a 85 % fall.