Property prices for sale in Philippi (West Virginia)
The prices in real estate in Philippi, in the West 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 Philippi has increased strongly during the last 6 months. In October, the average price per sq.feet was $126. In the following month the price per sq.feet increased considerably to $292. The price for the following two months in (December, January) had a considerable increment of 122 %. The price per sq.feet has had a considerable increase of 117 % 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 $232.5 to $271 during February, and March.
Based upon to the price in Philippi (cities), this has gone up in the last 6 months. The price in October is $175,363, rising in November till $192,204. During the following two months (December, January) the price has had an average incrementation from $183,783.5 to $197,911.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $198,643 they are 80 % more affordable than the average price for Philippi. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $190,227.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $84 / sq.feet, with an average $141 / sq.feet price in Philippi. The properties with the highest average prices have 4 bedrooms. They are 3 % more expensive than the average followed by properties with 3 bedrooms with a price at $129 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $198,643 it is 32 % cheaper than the average price in Philippi. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $194,884 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $17 / sq.feet followed by "House" priced at $127 / sq.feet. "Land" is the most costly type of property with a $5,188 / sq.feet cost followed by "House" with an average price of $127 / sq.feet.
