The prices in real estate in Pamplin, in the 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 Pamplin has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,200. In the following month the price per sq.feet decreased considerably to $753. The price for the following two months in (January, February) had a considerable increment of 553 %. The price per sq.feet has had a considerable increase of 630 % 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 $3,189.75 to $20,110.5 during March, and April.
Based upon to the price in Pamplin (cities), this has fallen considerably in the last 6 months. The average price for November is $348,164. During December the price had a slight fall till $298,917. During the following two months (January, February) the average price had a considerable reduction of 77 % 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 $285,576.25 to $211,696.5, which means a 74 % fall.