The prices in real estate in Penn Laird, 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 Penn Laird has increased strongly during the last 6 months. In November, the average price per sq.feet was $317. In the following month the price per sq.feet increased to $333. The price for the following two months in (January, February) had a considerable increment of 3113 %. The price per sq.feet has had a considerable deflation of 19 % 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 $5,220.5 to $1,013 during March, and April.
Based upon to the price in Penn Laird (cities), this has gone downing the last 6 months. The average price for November is $632,114. During December the price had a slight fall till $558,850. In the following two months the average price has remained the same with regard to the previous two months from $595,482 to $602,507. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $598,994.5 to $553,093 in March and April.