The prices in real estate in Rustburg, in the Virginia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Rustburg has fallen in the last 6 months. In October, the average price per sq.feet was $381. In the following month the price per sq.feet decreased considerably to $182. In the following two months the price per sq.feet has barely changed, going from $281.5 to $288.5 per sq.feet. The price per sq.feet has had a considerable increase of 159 % 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 $285 to $453.5 during February, and March.
Based upon to the price in Rustburg (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $286,455. During November the price went through a considerable rise reaching $339,132. During the following two months (December, January) the average price had a considerable increase of 120 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $344,708 and $358,690.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 44 % cheaper than the average price of $208,964 in Rustburg. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 44 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 73 % cheaper than the average price of ($52 / sq.feet) in Rustburg. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 73 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $373,535 it is 56 % cheaper than the average price in Rustburg. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $170,955 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 $30 / sq.feet followed by "Duplex" priced at $41 / sq.feet. "House" is the cheapest type of property with a $52 / sq.feet value followed by "Duplex" with an average price of $41 / sq.feet.