The prices in real estate in Lavalette, 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 Lavalette has increased strongly during the last 6 months. In October, the average price per sq.feet was $102. In the following month the price per sq.feet increased considerably to $8,868. In the following two months the price per sq.feet has barely changed, going from $4,485 to $4,512 per sq.feet. The price per sq.feet has had a considerable deflation of 5 % 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 $4,498.5 to $212 during February, and March.
Based upon to the price in Lavalette (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $209,960. During November the price went through a considerable rise reaching $242,988. In the following two months the average price has remained the same with regard to the previous two months from $226,474 to $230,905. Based on an analysis of the first four prices and the last two months the average price has risen strongly 170 % during the last two months.