Property prices for sale in South Hill (Virginia)
The prices in real estate in South Hill, 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 South Hill has increased strongly during the last 6 months. In October, the average price per sq.feet was $850. In the following month the price per sq.feet increased considerably to $1,464. In the following two months the price per sq.feet has increased 112 %, going from $1,157 to $1,297 per sq.feet. The price per sq.feet has had a considerable increase of 418 % 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 $1,227 to $5,134.5 during February, and March.
Based upon to the price in South Hill (cities), these have remained the same in the last 6 months. The price in October is $298,022, rising in November till $327,542. During the following two months (December, January) the average price fell 94 % 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 $303,754.25 and $290,831.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $323,208 they are 54 % more affordable than the average price for South Hill. The properties with the lowest average price have 1 bedroom, Their price is 53 % cheaper than the average. After that we have properties with 3 bedrooms priced at $150,422.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $47 / sq.feet, with an average $3,362 / sq.feet price in South Hill. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $52 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $323,208 it is 54 % cheaper than the average price in South Hill. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $294,899 it is 2 % 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 $47 / sq.feet followed by "Condo" priced at $59 / sq.feet. "Apartment" is the cheapest type of property with a $94 / sq.feet value followed by "Condo" with an average price of $59 / sq.feet.
