The prices in real estate in Richlands, in the Virginia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Richlands has fallen in the last 6 months. In October, the average price per sq.feet was $109. In the following month the price per sq.feet increased to $117. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $105.75 to $99 during February, and March.
Based upon to the price in Richlands (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $267,496. During November the price went through a considerable rise reaching $327,319. During the following two months (December, January) 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 $286,979.75 and $279,586.5 between February and March.