The prices in real estate in Shipman, 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 Shipman has increased strongly during the last 6 months. In November, the average price per sq.feet was $447. In the following month the price per sq.feet increased considerably to $1,656. The price for the following two months in (January, February) had a considerable increment of 497 %. The price per sq.feet has had a considerable increase of 122 % 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 $3,136.25 to $3,834 during March, and April.
Based upon to the price in Shipman (cities), these have remained the same in the last 6 months. The average price for November is $284,612. During December the price had a considerable reduction till $196,050. During the following two months (January, February) the price has had an average incrementation from $240,331 to $270,790.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % during the last two months.