The prices in real estate in Tappahannock, 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 Tappahannock has increased strongly during the last 6 months. In March, the average price per sq.feet was $173. In April this price pretty much remained the same at a value of $165 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 157 %. The price per sq.feet has had a considerable increase of 126 % 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 $216.75 to $273.5 during July, and August.
Based upon to the price in Tappahannock (cities), this has gone up considerably in the last 6 months. The average price for March is $523,225. During April the price had a considerable reduction till $396,600. During the following two months (May, June) the average price had a considerable increase of 150 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 146 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 66 % cheaper than the average price of $223,866 in Tappahannock. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 66 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 47 % cheaper than the average price of ($102 / sq.feet) in Tappahannock. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 47 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $665,000 it is 66 % cheaper than the average price in Tappahannock. "Farm" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "House". At a price of $223,866 it is 66 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $102 / sq.feet followed by "Farm" priced at $128 / sq.feet. "Farm" is the cheapest type of property with a $128 / sq.feet value followed by "House" with an average price of $102 / sq.feet.