The prices in real estate in Ranson, in the West Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Ranson has increased during the last 6 months. In March, the average price per sq.feet was $129. In the following month the price per sq.feet increased to $141. The price for the following two months in (May, June) had a considerable increment of 119 %. The price per sq.feet has decreased 86 % 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 $147.75 to $127 during July, and August.
Based upon to the price in Ranson (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $225,606. In April This price remains at $234,725. In the following two months the average price has remained the same with regard to the previous two months from $230,165.5 to $236,606.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $233,386 and $233,641 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $241,046 they are 43 % more affordable than the average price for Ranson. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 1 bedroom priced at $224,339.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $122 / sq.feet price in Ranson. The properties with the lowest average prices have 1 bedroom. They are 7 % cheaper than the average followed by properties with 2 bedrooms with a price at $107 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $241,046 it is 11 % cheaper than the average price in Ranson. "Detached House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Farm". At a price of $240,717 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $105 / sq.feet followed by "Commercial" priced at $106 / sq.feet. "House" is the cheapest type of property with a $113 / sq.feet value followed by "Commercial" with an average price of $106 / sq.feet.