The prices in real estate in Virginia Beach, 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 Virginia Beach has fallen in the last 6 months. In September, the average price per sq.feet was $271. In October this price pretty much remained the same at a value of $269 per sq.feet. The price for the following two months in (November, December) decreased 86 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $251.75 to $248.5 during January y February
Based upon to the price in Virginia Beach (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $511,226. In October This price remains at $517,487. During the following two months (November, December) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $485,123.75 and $464,922.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $501,679 they are 48 % more affordable than the average price for Virginia Beach. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $408,784.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $236 / sq.feet, with an average $257 / sq.feet price in Virginia Beach. The properties with the highest average prices have 1 bedroom. They are 92 % more expensive than the average followed by properties with 4 bedrooms with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $501,679 it is 52 % cheaper than the average price in Virginia Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $516,670 it is 65 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $162 / sq.feet followed by "House" priced at $246 / sq.feet. "Land" is the most costly type of property with a $5,250 / sq.feet cost followed by "Townhouse" with an average price of $265 / sq.feet.