The prices in real estate in Verona, 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 Verona has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $398. In the following month the price per sq.feet decreased considerably to $301. The price for the following two months in (December, January) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % 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 $217 to $115 during February, and March.
Based upon to the price in Verona (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $692,035. During November the price went through a considerable rise reaching $816,012. In the following two months the average price has remained the same with regard to the previous two months from $754,023.5 to $762,146. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 45 % cheaper than the average price of $452,960 in Verona. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 45 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 39 % more costly than the average price of ($168 / sq.feet) in Verona. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 39 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $826,725 it is 61 % cheaper than the average price in Verona. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $320,536 it is 45 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $102 / sq.feet followed by "House" priced at $168 / sq.feet. "House" is the most costly type of property with a $168 / sq.feet cost followed by "Apartment" with an average price of $102 / sq.feet.