The prices in real estate in New Kent, 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 New Kent has increased strongly during the last 6 months. In October, the average price per sq.feet was $144. In the following month the price per sq.feet increased to $152. In the following two months the price per sq.feet has barely changed, going from $148 to $147 per sq.feet. The price per sq.feet has had a considerable increase of 2401 % 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 $147.5 to $3,542 during February, and March.
Based upon to the price in New Kent (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $304,105. In November This price remains at $318,701. During the following two months (December, January) the price has had an average incrementation from $311,403 to $341,191.5. 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 $326,297.25 and $335,552 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 4 bedrooms. It is 12 % cheaper than the average price of $317,545 in New Kent. Based on the bedrooms values, properties with the lowest prices are those with 4 bedrooms. They are 12 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 95 % cheaper than the average price of ($121 / sq.feet) in New Kent. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 95 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in New Kent we can see that the cheapest property type is "House" at a price of $317,545, they are 12 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 12 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $121 / sq.feet. "House" with an average cost of $121 / sq.feet has the lowest price and would be directed at less affluent cities.