The prices in real estate in Union Hall, in the Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Union Hall has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $32,616. In the following month the price per sq.feet decreased considerably to $3,014. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 202 % 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 $17,223 to $34,875 during February, and March.
Based upon to the price in Union Hall (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $534,585. During November the price went through a considerable rise reaching $1,389,027. During the following two months (December, January) the average price had a considerable increase of 122 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,067,394.5 to $495,289, which means a 46 % fall.