The prices in real estate in Round Hill, 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 Round Hill has increased strongly during the last 6 months. In May, the average price per sq.feet was $240. In the following month the price per sq.feet increased to $259. In the following two months the price per sq.feet has barely changed, going from $249.5 to $257.5 per sq.feet. The price per sq.feet has had a considerable increase of 130 % 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 $253.5 to $330 during September, and October.
Based upon to the price in Round Hill (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $889,161. In June This price remains at $921,775. During the following two months (July, August) the price has had an average incrementation from $905,468 to $1,010,616.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,042,144 they are 48 % more affordable than the average price for Round Hill. The properties with the lowest average price have 2 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 1 bedroom priced at $537,914.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $127 / sq.feet, with an average $303 / sq.feet price in Round Hill. The properties with the lowest average prices have 1 bedroom. They are 57 % cheaper than the average followed by properties with 2 bedrooms with a price at $127 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $1,042,144 it is 50 % cheaper than the average price in Round Hill. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $570,933 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $125 / sq.feet followed by "House" priced at $127 / sq.feet. "Commercial Property" is the most costly type of property with a $5,063 / sq.feet cost followed by "Apartment" with an average price of $167 / sq.feet.