Property prices for sale in Toano (Virginia)
The prices in real estate in Toano, 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 Toano has increased strongly during the last 6 months. In November, the average price per sq.feet was $191. In December this price pretty much remained the same at a value of $192 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 2377 %. The price per sq.feet has had a considerable deflation of 68 % 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 $2,371.5 to $1,603.5 during March, and April.
Based upon to the price in Toano (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $476,827. In December This price remains at $478,548. During the following two months (January, February) the average price fell 94 % 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 gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $515,278 they are 76 % more affordable than the average price for Toano. The properties with the lowest average price have 2 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 1 bedroom priced at $121,122.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $83 / sq.feet, with an average $203 / sq.feet price in Toano. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $83 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $515,278 it is 52 % cheaper than the average price in Toano. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $291,822 it is 27 % 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 $65 / sq.feet followed by "Apartment" priced at $76 / sq.feet. "House" is the cheapest type of property with a $83 / sq.feet value followed by "Apartment" with an average price of $76 / sq.feet.
