The prices in real estate in Virgin, in the Utah region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Virgin has remained the same in the last 6 months. In October, the average price per sq.feet was $9,192. In the following month the price per sq.feet increased considerably to $11,245. The price for the following two months in (December, January) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable increase of 303 % 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 $5,505 to $16,660 during February, and March.
Based upon to the price in Virgin (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $911,429. In November This price remains at $871,667. During the following two months (December, January) the average price had a considerable reduction of 47 % 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 170 % during the last two months.