The prices in real estate in Stafford, 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 Stafford has increased strongly during the last 6 months. In October, the average price per sq.feet was $153. In November this price pretty much remained the same at a value of $154 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $153.5 to $148.5 per sq.feet. The price per sq.feet has had a considerable increase of 162 % 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 $151 to $244 during February, and March.
Based upon to the price in Stafford (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $402,913. In November This price remains at $388,010. During the following two months (December, January) the price has had an average incrementation from $395,461.5 to $421,005. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $430,039 they are 49 % more affordable than the average price for Stafford. The properties with the highest average price have 1 bedroom, Their price is 301 % more costly than the average. After that we have properties with 4 bedrooms priced at $437,473.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $161 / sq.feet, with an average $339 / sq.feet price in Stafford. The properties with the highest average prices have 1 bedroom. They are 267 % more expensive than the average followed by properties with 2 bedrooms with a price at $434 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $430,039 it is 0 % cheaper than the average price in Stafford. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $465,989 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $183 / sq.feet followed by "Duplex" priced at $316 / sq.feet. "House" is the most costly type of property with a $1,872 / sq.feet cost followed by "Condo" with an average price of $327 / sq.feet.