Property prices for sale in Stephenson (Virginia)
The prices in real estate in Stephenson, 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 Stephenson has increased strongly during the last 6 months. In October, the average price per sq.feet was $196. In November this price pretty much remained the same at a value of $192 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 703 %. The price per sq.feet has had a considerable increase of 954 % 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 $779 to $7,428.5 during February, and March.
Based upon to the price in Stephenson (cities), these have remained the same in the last 6 months. The average price for October is $494,395. During November the price had a slight fall till $469,577. In the following two months the average price has remained the same with regard to the previous two months from $481,986 to $462,299.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $450,645 they are 55 % more affordable than the average price for Stephenson. The properties with the highest average price have 2 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 4 bedrooms priced at $382,942.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $97 / sq.feet, with an average $204 / sq.feet price in Stephenson. The properties with the lowest average prices have 1 bedroom. They are 13 % cheaper than the average followed by properties with 2 bedrooms with a price at $163 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $450,645 it is 43 % cheaper than the average price in Stephenson. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $320,447 it is 15 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $65 / sq.feet followed by "Townhouse" priced at $79 / sq.feet. "House" is the cheapest type of property with a $114 / sq.feet value followed by "Condo" with an average price of $93 / sq.feet.
