The prices in real estate in Woodford, 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 Woodford has increased strongly during the last 6 months. In January, the average price per sq.feet was $143. In February this price pretty much remained the same at a value of $150 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 140 %. The price per sq.feet has had a considerable increase of 168 % 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 $175.75 to $294.5 during May, and June.
Based upon to the price in Woodford (cities), this has gone up considerably in the last 6 months. The average price for January is $370,192. During February the price had a considerable reduction till $313,567. During the following two months (March, April) the price has had an average incrementation from $341,879.5 to $382,080.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 173 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 55 % cheaper than the average price of $286,586 in Woodford. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 55 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 56 % cheaper than the average price of ($115 / sq.feet) in Woodford. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 56 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $641,333 it is 76 % 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 $155,590 it is 55 % 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 $115 / sq.feet followed by "Apartment" priced at $221 / sq.feet. "Apartment" is the cheapest type of property with a $221 / sq.feet value followed by "House" with an average price of $115 / sq.feet.