Property prices for sale in Palmyra (Virginia)
The prices in real estate in Palmyra, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Palmyra has increased during the last 6 months. In October, the average price per sq.feet was $194. In the following month the price per sq.feet decreased to $182. In the following two months the price per sq.feet has increased 111 %, going from $188 to $208.5 per sq.feet. The price per sq.feet has increased 106 % 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 $198.25 to $211 during February, and March.
Based upon to the price in Palmyra (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $396,562. In November This price remains at $394,904. In the following two months the average price has remained the same with regard to the previous two months from $395,733 to $412,843.5. 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 $438,395 they are 46 % more affordable than the average price for Palmyra. The properties with the lowest average price have 1 bedroom, Their price is 13 % cheaper than the average. After that we have properties with 4 bedrooms priced at $375,113.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $210 / sq.feet price in Palmyra. The properties with the lowest average prices have 1 bedroom. They are 43 % cheaper than the average followed by properties with 2 bedrooms with a price at $86 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $438,395 it is 54 % cheaper than the average price in Palmyra. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $212,645 it is 39 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Multi Family House" at an average cost of $37 / sq.feet followed by "Farm" priced at $40 / sq.feet. "House" is the cheapest type of property with a $75 / sq.feet value followed by "Apartment" with an average price of $48 / sq.feet.
