The prices in real estate in Parkersburg, in the West 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 Parkersburg has increased during the last 6 months. In February, the average price per sq.feet was $86. In March this price pretty much remained the same at a value of $86 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $86 to $93.5 per sq.feet. The price per sq.feet has increased 109 % 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 $89.75 to $97.5 during June, and July.
Based upon to the price in Parkersburg (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $143,743. In March This price remains at $146,463. During the following two months (April, May) the average price had a considerable increase of 119 % 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 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $179,989 they are 64 % more affordable than the average price for Parkersburg. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $129,896.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $74 / sq.feet, with an average $96 / sq.feet price in Parkersburg. The properties with the highest average prices have 4 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at $78 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $179,989 it is 33 % cheaper than the average price in Parkersburg. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $119,964 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $41 / sq.feet followed by "House" priced at $96 / sq.feet. "House" is the cheapest type of property with a $96 / sq.feet value followed by "Land" with an average price of $41 / sq.feet.