The prices in real estate in New Virginia, in the Iowa 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 Virginia has remained the same in the last 6 months. In October, the average price per sq.feet was $2,180. In the following month the price per sq.feet increased considerably to $6,622. The price for the following two months in (December, January) had a considerable decrease of 5 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $2,315.25 to $1,946 during February, and March.
Based upon to the price in New Virginia (cities), this has fallen considerably in the last 6 months. The average price for October is $541,582. During November the price had a considerable reduction till $423,281. During the following two months (December, January) the average price had a considerable reduction of 78 % with regard to the previous two months. 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.