Property prices for sale in Lottsburg (Virginia)
The prices in real estate in Lottsburg, in the Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Lottsburg has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $13,957. In the following month the price per sq.feet decreased considerably to $3,358. The price for the following two months in (January, February) had a considerable increment of 225 %. The price per sq.feet has had a considerable deflation of 44 % 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 $14,047.5 to $6,224.5 during March, and April.
Based upon to the price in Lottsburg (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $289,295. During December the price went through a considerable rise reaching $448,233. During the following two months (January, February) the average price fell 93 % 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 128 % during the last two months.
