The prices in real estate in New Martinsville, in the West Virginia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in New Martinsville has remained the same in the last 6 months. In January, the average price per sq.feet was $100. In the following month the price per sq.feet decreased considerably to $78. The price for the following two months in (March, April) had a considerable increment of 119 %. The price per sq.feet has increased 113 % 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 $97.25 to $110 during May, and June.
Based upon to the price in New Martinsville (cities), this has gone up considerably in the last 6 months. The price in January is $129,580, rising in February till $139,400. During the following two months (March, April) the price has had an average incrementation from $134,490 to $153,859.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $161,163 they are 1 % more affordable than the average price for New Martinsville. The properties with the lowest average price have 1 bedroom, Their price is 1 % cheaper than the average. After that we have properties with 2 bedrooms priced at $159,935.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $77 / sq.feet, with an average $118 / sq.feet price in New Martinsville. The properties with the lowest average prices have 1 bedroom. They are 33 % cheaper than the average followed by properties with 2 bedrooms with a price at $77 / sq.feet.
With regard to the average price based upon the property in New Martinsville we can see that the cheapest property type is "Farm" at a price of $159,935, they are 1 % more affordable than the average price of (!PRECIO2!). "Farm" has the lowest price. This price is 1 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Farm with an average price of $77 / sq.feet. "Farm" with an average cost of $77 / sq.feet has the lowest price and would be directed at less affluent cities.