The prices in real estate in Tazewell, 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 Tazewell has increased strongly during the last 6 months. In November, the average price per sq.feet was $141. In the following month the price per sq.feet decreased to $131. The price for the following two months in (January, February) had a considerable increment of 209 %. The price per sq.feet has had a considerable deflation of 76 % 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 $210.25 to $160 during March, and April.
Based upon to the price in Tazewell (cities), this has gone up considerably in the last 6 months. The average price for November is $356,422. During December the price had a considerable reduction till $299,750. During the following two months (January, February) the average price had a considerable increase of 155 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $418,689.5 to $397,612.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $475,497 they are 73 % more affordable than the average price for Tazewell. The properties with the lowest average price have 1 bedroom, Their price is 73 % cheaper than the average. After that we have properties with 2 bedrooms priced at $128,507.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $58 / sq.feet, with an average $203 / sq.feet price in Tazewell. The properties with the lowest average prices have 1 bedroom. They are 69 % cheaper than the average followed by properties with 2 bedrooms with a price at $58 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $475,497 it is 81 % cheaper than the average price in Tazewell. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $89,936 it is 73 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $33 / sq.feet followed by "House" priced at $58 / sq.feet. "House" is the cheapest type of property with a $58 / sq.feet value followed by "Townhouse" with an average price of $33 / sq.feet.