Property prices for sale in Providence Forge (Virginia)
The prices in real estate in Providence Forge, 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 Providence Forge has increased strongly during the last 6 months. In October, the average price per sq.feet was $193. In November this price pretty much remained the same at a value of $198 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $195.5 to $194 per sq.feet. The price per sq.feet has had a considerable increase of 277 % 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 $194.75 to $540 during February, and March.
Based upon to the price in Providence Forge (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $586,385. In November This price remains at $599,898. In the following two months the average price has remained the same with regard to the previous two months from $593,141.5 to $598,652. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $595,896.75 to $552,647.5 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 28 % cheaper than the average price of $374,925 in Providence Forge. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 94 % cheaper than the average price of ($55 / 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 94 % 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 $522,167 it is 48 % cheaper than the average price in Providence Forge. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $313,338 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $46 / sq.feet followed by "House" priced at $55 / sq.feet. "Apartment" is the most costly type of property with a $9,413 / sq.feet cost followed by "House" with an average price of $55 / sq.feet.
