The prices in real estate in Warm Springs, 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 Warm Springs has fallen in the last 6 months. In October, the average price per sq.feet was $5,111. In the following month the price per sq.feet decreased considerably to $96. The price for the following two months in (December, January) had a considerable increment of 369 %. The price per sq.feet has had a considerable deflation of 26 % 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 $6,099.75 to $1,556 during February, and March.
Based upon to the price in Warm Springs (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $178,450. During November the price went through a considerable rise reaching $244,780. During the following two months (December, January) the average price had a considerable increase of 164 % 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 137 % during the last two months.