The prices in real estate in Rich Creek, 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 Rich Creek has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,195. In the following month the price per sq.feet decreased considerably to $128. The price for the following two months in (December, January) had a considerable increment of 193 %. The price per sq.feet has had a considerable increase of 126 % 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 $3,171.25 to $3,998 during February, and March.
Based upon to the price in Rich Creek (cities), this has gone downing the last 6 months. The average price for October is $192,250. During November the price had a considerable reduction till $156,600. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.