The prices in real estate in Weems, in the Virginia region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Weems has increased strongly during the last 6 months. In November, the average price per sq.feet was $5,636. In the following month the price per sq.feet decreased considerably to $308. The price for the following two months in (January, February) had a considerable increment of 244 %. The price per sq.feet has had a considerable increase of 186 % 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 $5,111.25 to $9,502 during March, and April.
Based upon to the price in Weems (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $562,685. During December the price went through a considerable rise reaching $939,742. During the following two months (January, February) the average price had a considerable increase of 142 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $908,277 to $741,499, which means a 82 % fall.