The prices in real estate in Riner, 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 Riner has increased strongly during the last 6 months. In November, the average price per sq.feet was $197. In the following month the price per sq.feet increased to $223. The price for the following two months in (January, February) had a considerable increment of 7429 %. The price per sq.feet has increased 112 % 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 $7,905.5 to $8,857 during March, and April.
Based upon to the price in Riner (cities), this has fallen considerably in the last 6 months. The average price for November is $400,417. During December the price had a slight fall till $371,287. During the following two months (January, February) the average price had a considerable reduction of 52 % 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 $293,573.25 to $231,928, which means a 79 % fall.