The prices in real estate in Providence Forge, in the Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Providence Forge has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $10,037. In the following month the price per sq.feet decreased considerably to $102. The price for the following two months in (April, May) had a considerable decrease of 3 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 5 % 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 $2,599 to $126 during June, and July.
Based upon to the price in Providence Forge (cities), this has gone up considerably in the last 6 months. The price in February is $288,026, rising in March till $317,866. During the following two months (April, May) the price has had an average incrementation from $302,946 to $340,703. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 10 % more costly than the average price of $396,560 in Providence Forge. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 10 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 10 % cheaper than the average price of ($111 / sq.feet) in Providence Forge. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 10 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $359,834 it is 20 % cheaper than the average price in Providence Forge. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $331,424 it is 10 % 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 $102 / sq.feet followed by "House" priced at $111 / sq.feet. "Apartment" is the most costly type of property with a $9,973 / sq.feet cost followed by "House" with an average price of $111 / sq.feet.