The prices in real estate in Sandston, in the 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 Sandston has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $148. In the following month the price per sq.feet decreased considerably to . In the following two months the price per sq.feet has barely changed, going from $74 to $75.5 per sq.feet. The price per sq.feet has had a considerable increase of 194 % 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 $74.75 to $145 during April, and May.
Based upon to the price in Sandston (cities), this has fallen considerably in the last 6 months. The average price for December is $321,630. During January the price had a considerable reduction till . During the following two months (February, March) the average price had a considerable reduction of 77 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 188 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $274,575 they are 51 % more affordable than the average price for Sandston. The properties with the highest average price have 3 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 2 bedrooms priced at $231,350.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $89 / sq.feet, with an average $145 / sq.feet price in Sandston. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 2 bedrooms with a price at $133 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $274,575 it is 51 % cheaper than the average price in Sandston. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $134,292 it is 51 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $85 / sq.feet followed by "Apartment" priced at $89 / sq.feet. "Apartment" is the cheapest type of property with a $89 / sq.feet value followed by "Townhouse" with an average price of $85 / sq.feet.