The prices in real estate in Meherrin, 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 Meherrin has increased strongly during the last 6 months. In November, the average price per sq.feet was $418. In the following month the price per sq.feet increased considerably to $584. The price for the following two months in (January, February) had a considerable increment of 179 %. The price per sq.feet has had a considerable increase of 123 % 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 $699.75 to $858 during March, and April.
Based upon to the price in Meherrin (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $263,535. During December the price went through a considerable rise reaching $374,883. In the following two months the average price has remained the same with regard to the previous two months from $319,209 to $323,931. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.