Property prices for sale in Romney (West Virginia)
The prices in real estate in Romney, in the West 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 Romney has increased strongly during the last 6 months. In October, the average price per sq.feet was $659. In the following month the price per sq.feet decreased considerably to $209. The price for the following two months in (December, January) had a considerable increment of 296 %. The price per sq.feet has had a considerable increase of 557 % 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 $860.25 to $4,788 during February, and March.
Based upon to the price in Romney (cities), this has fallen considerably in the last 6 months. The average price for October is $224,582. During November the price had a slight fall till $209,020. During the following two months (December, January) the average price fell 90 % 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 $206,429.75 to $144,780, which means a 70 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $161,548 they are 60 % more affordable than the average price for Romney. The properties with the highest average price have 4 bedrooms, Their price is 92 % more costly than the average. After that we have properties with 3 bedrooms priced at $226,661.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $3,286 / sq.feet price in Romney. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $161,548 it is 54 % cheaper than the average price in Romney. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $73,887 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $116 / sq.feet followed by "Farm" priced at $3,266 / sq.feet. "Farm" is the cheapest type of property with a $3,266 / sq.feet value followed by "House" with an average price of $116 / sq.feet.
