Property prices for sale in Nitro (West Virginia)
The prices in real estate in Nitro, in the West 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 Nitro has increased strongly during the last 6 months. In October, the average price per sq.feet was $119. In the following month the price per sq.feet decreased to $112. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 261 % 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 $109.25 to $285.5 during February, and March.
Based upon to the price in Nitro (cities), this has gone downing the last 6 months. The average price for October is $147,596. During November the price had a slight fall till $134,787. In the following two months the average price has remained the same with regard to the previous two months from $141,191.5 to $145,222. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $143,206.75 to $123,440 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $107,600 they are 51 % more affordable than the average price for Nitro. The properties with the highest average price have 3 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 2 bedrooms priced at $159,467.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $10 / sq.feet, with an average $306 / sq.feet price in Nitro. The properties with the lowest average prices have 2 bedrooms. They are 85 % cheaper than the average followed by properties with 3 bedrooms with a price at $42 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $107,600 it is 18 % cheaper than the average price in Nitro. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $88,162 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $20 / sq.feet followed by "Townhouse" priced at $636 / sq.feet. "Townhouse" is the most costly type of property with a $636 / sq.feet cost followed by "House" with an average price of $20 / sq.feet.
