The prices in real estate in Vinton, in the Virginia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Vinton has fallen in the last 6 months. In February, the average price per sq.feet was $173. In the following month the price per sq.feet decreased to $154. In the following two months the price per sq.feet has barely changed, going from $163.5 to $163 per sq.feet. The price per sq.feet has decreased 91 % 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 $163.25 to $149 during June, and July.
Based upon to the price in Vinton (cities), this has gone up in the last 6 months. The price in February is $295,079, rising in March till $323,958. During the following two months (April, May) the average price had a considerable increase of 119 % 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 92 %, going from $338,168.25 to $309,641.5 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $293,187 they are 59 % more affordable than the average price for Vinton. The properties with the highest average price have 4 bedrooms, Their price is 192 % more costly than the average. After that we have properties with 3 bedrooms priced at $282,500.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $153 / sq.feet price in Vinton. The properties with the highest average prices have 4 bedrooms. They are 265 % more expensive than the average followed by properties with 3 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $293,187 it is 27 % cheaper than the average price in Vinton. "House" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $230,139 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $67 / sq.feet followed by "Farm" priced at $68 / sq.feet. "House" is the cheapest type of property with a $105 / sq.feet value followed by "Farm" with an average price of $68 / sq.feet.