The prices in real estate in Natural Bridge, 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 Natural Bridge has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $9,025. In the following month the price per sq.feet decreased considerably to $3,679. The price for the following two months in (December, January) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable increase of 172 % 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 $4,462.75 to $7,677 during February, and March.
Based upon to the price in Natural Bridge (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,681,876. In November This price remains at $1,673,542. In the following two months the average price has remained the same with regard to the previous two months from $1,677,709 to $1,647,613.5. 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 $1,662,661.25 and $1,740,283 between February and March.