The prices in real estate in Remington, 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 Remington has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,108. In the following month the price per sq.feet increased considerably to $1,591. The price for the following two months in (December, January) had a considerable increment of 308 %. The price per sq.feet has increased 109 % 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 $2,755 to $2,995.5 during February, and March.
Based upon to the price in Remington (cities), these have remained the same in the last 6 months. The average price for October is $615,927. During November the price had a slight fall till $564,156. In the following two months the average price has remained the same with regard to the previous two months from $590,041.5 to $587,718. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $583,912 they are 55 % more affordable than the average price for Remington. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at $293,281.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $113 / sq.feet, with an average $736 / sq.feet price in Remington. The properties with the lowest average prices have 2 bedrooms. They are 65 % cheaper than the average followed by properties with 4 bedrooms with a price at $217 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $583,912 it is 55 % cheaper than the average price in Remington. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $295,582 it is 46 % 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 $96 / sq.feet followed by "Farm" priced at $115 / sq.feet. "House" is the cheapest type of property with a $210 / sq.feet value followed by "Farm" with an average price of $115 / sq.feet.