The prices in real estate in Woodford, 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 Woodford has fallen in the last 6 months. In February, the average price per sq.feet was $251. In March this price pretty much remained the same at a value of $261 per sq.feet. The price for the following two months in (April, May) 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 $238.5 to $230 during June y July
Based upon to the price in Woodford (cities), these have remained the same in the last 6 months. The average price during our first sample month during February, is $444,853. During March the price went through a considerable rise reaching $543,200. In the following two months the average price has remained the same with regard to the previous two months from $494,026.5 to $506,722. During the last two months the average price has had a strong fall compared to the previous four going from $500,374.25 to $369,935.5, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $342,324 they are 42 % more affordable than the average price for Woodford. The properties with the highest average price have 3 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 2 bedrooms priced at $329,063.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $240 / sq.feet price in Woodford. The properties with the lowest average prices have 2 bedrooms. They are 20 % cheaper than the average followed by properties with 1 bedroom with a price at $170 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $342,324 it is 56 % cheaper than the average price in Woodford. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $151,886 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $91 / sq.feet followed by "Apartment" priced at $197 / sq.feet. "Apartment" is the cheapest type of property with a $197 / sq.feet value followed by "House" with an average price of $91 / sq.feet.