Property prices for sale in Suffolk (Virginia)
The prices in real estate in Suffolk, 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 Suffolk has increased strongly during the last 6 months. In March, the average price per sq.feet was $197. In April this price pretty much remained the same at a value of $196 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $196.5 to $203 per sq.feet. The price per sq.feet has had a considerable increase of 585 % 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 $199.75 to $1,168.5 during July, and August.
Based upon to the price in Suffolk (cities), this has gone up in the last 6 months. The price in March is $413,166, rising in April till $466,525. In the following two months the average price has remained the same with regard to the previous two months from $439,845.5 to $446,286. 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 $443,065.75 and $422,443 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $419,720 they are 54 % more affordable than the average price for Suffolk. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $369,693.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $283 / sq.feet, with an average $1,244 / sq.feet price in Suffolk. The properties with the highest average prices have 4 bedrooms. They are 39 % more expensive than the average followed by properties with 3 bedrooms with a price at $448 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $419,720 it is 54 % cheaper than the average price in Suffolk. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $384,227 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $81 / sq.feet followed by "Farm" priced at $88 / sq.feet. "House" is the most costly type of property with a $2,166 / sq.feet cost followed by "Land" with an average price of $1,220 / sq.feet.
