The prices in real estate in Virginia Beach, in the Virginia 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 Virginia Beach has remained the same in the last 6 months. In April, the average price per sq.feet was $179. In the following month the price per sq.feet decreased to $166. In the following two months the price per sq.feet has barely changed, going from $172.5 to $177.5 per sq.feet. 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 $175 to $182.5 during August y September
Based upon to the price in Virginia Beach (cities), this has gone downing the last 6 months. The average price for April is $406,153. During May the price had a considerable reduction till $313,722. In the following two months the average price has remained the same with regard to the previous two months from $359,937.5 to $352,069.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $389,380 they are 50 % more affordable than the average price for Virginia Beach. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $299,731.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $183 / sq.feet price in Virginia Beach. The properties with the highest average prices have 1 bedroom. They are 37 % more expensive than the average followed by properties with 4 bedrooms with a price at $180 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $389,380 it is 33 % cheaper than the average price in Virginia Beach. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $366,590 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $144 / sq.feet followed by "Condo" priced at $169 / sq.feet. "House" is the cheapest type of property with a $183 / sq.feet value followed by "Condo" with an average price of $169 / sq.feet.