The prices in real estate in Sutherland, 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 Sutherland has increased strongly during the last 6 months. In November, the average price per sq.feet was $572. In the following month the price per sq.feet increased considerably to $1,109. The price for the following two months in (January, February) had a considerable increment of 2162 %. The price per sq.feet has decreased 93 % 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 $9,504.5 to $8,798 during March, and April.
Based upon to the price in Sutherland (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $299,500. In December This price remains at $309,156. During the following two months (January, February) the price has had an average incrementation from $304,328 to $337,117.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $320,722.75 to $277,583 in March and April.