The prices in real estate in Roanoke, in the Virginia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Roanoke has increased during the last 6 months. In April, the average price per sq.feet was $118. In the following month the price per sq.feet increased to $129. In the following two months the price per sq.feet has barely changed, going from $123.5 to $128 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $125.75 to $123.5 during August y September
Based upon to the price in Roanoke (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $265,480. During May the price went through a considerable rise reaching $420,543. During the following two months (June, July) the price has had an average incrementation from $343,011.5 to $390,841. During the last two months the average price has had a strong fall compared to the previous four going from $366,926.25 to $263,771, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $283,158 they are 54 % more affordable than the average price for Roanoke. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $307,613.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $119 / sq.feet, with an average $123 / sq.feet price in Roanoke. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $125 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $283,158 it is 36 % cheaper than the average price in Roanoke. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $182,664 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $87 / sq.feet followed by "Condo" priced at $97 / sq.feet. "House" is the cheapest type of property with a $122 / sq.feet value followed by "Condo" with an average price of $97 / sq.feet.