The prices in real estate in Saint Albans, in the West Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Saint Albans has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $214. In the following month the price per sq.feet decreased considerably to $71. The price for the following two months in (September, October) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 69 % 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 $108.75 to $75 during November, and December.
Based upon to the price in Saint Albans (cities), this has gone up in the last 6 months. The price in July is $114,693, rising in August till $121,759. In the following two months the average price has remained the same with regard to the previous two months from $118,226 to $123,987. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 33 % cheaper than the average price of $87,162 in Saint Albans. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 33 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 47 % more costly than the average price of ($112 / sq.feet) in Saint Albans. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 47 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $129,814 it is 52 % cheaper than the average price in Saint Albans. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $62,144 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $33 / sq.feet followed by "Land" priced at $112 / sq.feet. "Land" is the most costly type of property with a $112 / sq.feet cost followed by "House" with an average price of $33 / sq.feet.