The prices in real estate in Rileyville, 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 Rileyville has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,470. In the following month the price per sq.feet decreased considerably to $430. The price for the following two months in (January, February) had a considerable increment of 124 %. The price per sq.feet has had a considerable increase of 558 % 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 $2,186.75 to $12,192 during March, and April.
Based upon to the price in Rileyville (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $1,111,040. During December the price went through a considerable rise reaching $1,349,375. During the following two months (January, February) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,343,197 to $1,007,421.5, which means a 75 % fall.