The prices in real estate in The Plains, 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 The Plains has increased strongly during the last 6 months. In February, the average price per sq.feet was $375. In the following month the price per sq.feet increased considerably to $716. In the following two months the price per sq.feet has barely changed, going from $545.5 to $567.5 per sq.feet. The price per sq.feet has had a considerable deflation of 81 % 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 $556.5 to $448 during June, and July.
Based upon to the price in The Plains (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $1,073,000. During March the price went through a considerable rise reaching $2,676,250. During the following two months (April, May) the average price fell 93 % 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 118 % 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 16 % cheaper than the average price of $1,890,770 in The Plains. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % cheaper than the average price of ($424 / sq.feet) in The Plains. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in The Plains we can see that the cheapest property type is "House" at a price of $1,890,770, they are 16 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 16 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $424 / sq.feet. "House" with an average cost of $424 / sq.feet has the lowest price and would be directed at less affluent cities.