Property prices for sale in South Boston (Virginia)

The prices in real estate in South Boston, 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

$491,152.83
Average price last 6 months
$531.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in South Boston has fallen in the last 6 months. In November, the average price per sq.feet was $578. In the following month the price per sq.feet decreased considerably to $455. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 120 % 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 $498.75 to $598 during March, and April.

Average price

Based upon to the price in South Boston (cities), this has fallen considerably in the last 6 months. The average price for November is $768,384. During December the price had a considerable reduction till $515,812. During the following two months (January, February) the average price had a considerable reduction of 64 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $525,676.25 to $422,106, which means a 80 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $443,427 they are 15 % more affordable than the average price for South Boston. The properties with the highest average price have 2 bedrooms, Their price is 93 % more costly than the average. After that we have properties with 1 bedroom priced at $671,333.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $495 / sq.feet price in South Boston. The properties with the highest average prices have 2 bedrooms. They are 56 % more expensive than the average followed by properties with 1 bedroom with a price at $620 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $443,427 it is 79 % cheaper than the average price in South Boston. "" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $854,333 it is 235 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $220 / sq.feet followed by "Apartment" priced at $707 / sq.feet. "Land" is the most costly type of property with a $12,988 / sq.feet cost followed by "Condo" with an average price of $960 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in South Boston
Number of properties used in region Virginia
$443,427
$495
742
453,884
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value