Property prices for sale in Mineral (Virginia)
The prices in real estate in Mineral, 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 Mineral has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,028. In the following month the price per sq.feet decreased considerably to $795. The price for the following two months in (January, February) had a considerable increment of 118 %. The price per sq.feet has had a considerable increase of 156 % 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 $993.25 to $1,546 during March, and April.
Based upon to the price in Mineral (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $563,837. In December This price remains at $554,666. During the following two months (January, February) the price has had an average incrementation from $559,251.5 to $637,559.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $598,405.5 and $621,007.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $621,404 they are 73 % more affordable than the average price for Mineral. The properties with the lowest average price have 4 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 3 bedrooms priced at $297,175.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $127 / sq.feet, with an average $1,230 / sq.feet price in Mineral. The properties with the highest average prices have 4 bedrooms. They are 245 % more expensive than the average followed by properties with 3 bedrooms with a price at $957 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $621,404 it is 83 % cheaper than the average price in Mineral. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $106,371 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $409 / sq.feet followed by "House" priced at $2,234 / sq.feet. "House" is the most costly type of property with a $2,234 / sq.feet cost followed by "Land" with an average price of $409 / sq.feet.
