The prices in real estate in Remington, 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 Remington has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $250. In October this price pretty much remained the same at a value of $238 per sq.feet. The price for the following two months in (November, December) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $221 to $209.5 during January, and February.
Based upon to the price in Remington (cities), this has gone downing the last 6 months. The average price for September is $452,800. During October the price had a slight fall till $406,993. During the following two months (November, December) the average price fell 93 % with regard to the previous two months. 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 $413,896.75 and $414,249.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $424,324 they are 37 % more affordable than the average price for Remington. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,127.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $126 / sq.feet, with an average $210 / sq.feet price in Remington. The properties with the highest average prices have 2 bedrooms. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $424,324 it is 37 % 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 $299,458 it is 25 % 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 $109 / sq.feet followed by "Farm" priced at $128 / sq.feet. "House" is the most costly type of property with a $223 / sq.feet cost followed by "Farm" with an average price of $128 / sq.feet.