The prices in real estate in Painter, 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 Painter has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $16,456. In October this price pretty much remained the same at a value of $17,250 per sq.feet. The price for the following two months in (November, December) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 43 % 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 $9,472.5 to $4,059 during January, and February.
Based upon to the price in Painter (cities), this has gone downing the last 6 months. The average price for September is $288,341. During October the price had a considerable reduction till $228,200. During the following two months (November, December) the average price had a considerable increase of 128 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $294,996.25 to $229,824, which means a 78 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 15 % cheaper than the average price of $207,989 in Painter. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($45 / sq.feet) in Painter. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Painter we can see that the cheapest property type is "House" at a price of $207,989, they are 15 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 15 % 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 $45 / sq.feet. "House" with an average cost of $45 / sq.feet has the lowest price and would be directed at less affluent cities.