Property prices for sale in Machipongo (Virginia)

The price per sq.feet in Machipongo has fallen in the last 6 months. In November, the average price per sq.feet was $23,573. In the following month the price per sq.feet decreased considerably to $18,713. The price for the following two months in (January, February) had a considerable increment of 138 %. The price per sq.feet has had a considerable deflation of 51 % 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 $25,185.75 to $12,945 during March, and April.

Based upon to the price in Machipongo (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $384,894. During December the price went through a considerable rise reaching $654,933. During the following two months (January, February) the average price had a considerable reduction of 54 % 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 125 % during the last two months.