Property prices for sale in Morgantown (West Virginia)
The prices in real estate in Morgantown, in the West Virginia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Morgantown has fallen in the last 6 months. In October, the average price per sq.feet was $3,189. In the following month the price per sq.feet decreased considerably to $2,535. In the following two months the price per sq.feet has barely changed, going from $2,862 to $2,990.5 per sq.feet. The price per sq.feet has increased 109 % 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 $2,926.25 to $3,192 during February, and March.
Based upon to the price in Morgantown (cities), these have remained the same in the last 6 months. The average price for October is $347,176. During November the price had a slight fall till $312,900. In the following two months the average price has remained the same with regard to the previous two months from $330,038 to $335,390.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $369,987 they are 83 % more affordable than the average price for Morgantown. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at $329,418.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $50 / sq.feet, with an average $3,397 / sq.feet price in Morgantown. The properties with the highest average prices have 4 bedrooms. They are 81 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,168 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $369,987 it is 52 % cheaper than the average price in Morgantown. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $453,243 it is 35 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $133 / sq.feet followed by "Detached House" priced at $175 / sq.feet. "House" is the most costly type of property with a $4,910 / sq.feet cost followed by "Land" with an average price of $4,265 / sq.feet.
