Property prices for sale in Penhook (Virginia)
The prices in real estate in Penhook, 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 Penhook has increased strongly during the last 6 months. In November, the average price per sq.feet was $390. In the following month the price per sq.feet increased considerably to $747. The price for the following two months in (January, February) had a considerable increment of 6329 %. The price per sq.feet has increased 110 % 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 $18,274.75 to $20,160 during March, and April.
Based upon to the price in Penhook (cities), this has fallen considerably in the last 6 months. The average price for November is $1,846,563. During December the price had a considerable reduction till $1,444,417. During the following two months (January, February) the average price had a considerable reduction of 39 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $1,144,993.25 to $1,077,335.5 in March and April.
