The prices in real estate in Woodstock, in the Virginia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Woodstock has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $144. In the following month the price per sq.feet decreased considerably to . In the following two months the price per sq.feet has barely changed, going from $72 to $68.5 per sq.feet. The price per sq.feet has had a considerable increase of 270 % 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 $70.25 to $190 during August, and September.
Based upon to the price in Woodstock (cities), this has gone downing the last 6 months. The average price for April is $294,725. During May the price had a considerable reduction till . In the following two months the average price has remained the same with regard to the previous two months from $147,362.5 to $141,020. Based on an analysis of the first four prices and the last two months the average price has risen strongly 360 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $776,467 they are 73 % more affordable than the average price for Woodstock. The properties with the lowest average price have 3 bedrooms, Their price is 61 % cheaper than the average. After that we have properties with 4 bedrooms priced at $295,654.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $240 / sq.feet price in Woodstock. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $776,467 it is 74 % cheaper than the average price in Woodstock. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $268,250 it is 64 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $112 / sq.feet followed by "House" priced at $145 / sq.feet. "Duplex" is the most costly type of property with a $2,460 / sq.feet cost followed by "Townhouse" with an average price of $2,454 / sq.feet.