The prices in real estate in Woodstock, 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 Woodstock has increased strongly during the last 6 months. In October, the average price per sq.feet was $198. In November this price pretty much remained the same at a value of $197 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $197.5 to $206.5 per sq.feet. The price per sq.feet has had a considerable increase of 873 % 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 $202 to $1,764 during February, and March.
Based upon to the price in Woodstock (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $373,661. In November This price remains at $391,077. In the following two months the average price has remained the same with regard to the previous two months from $382,369 to $365,960. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $374,164.5 and $390,161 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $404,868 they are 54 % more affordable than the average price for Woodstock. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 1 bedroom priced at $450,000.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $1,700 / sq.feet price in Woodstock. The properties with the lowest average prices have 1 bedroom. They are 66 % cheaper than the average followed by properties with 3 bedrooms with a price at $210 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $404,868 it is 24 % cheaper than the average price in Woodstock. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $417,935 it is 122 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $150 / sq.feet followed by "House" priced at $231 / sq.feet. "Land" is the most costly type of property with a $262,952 / sq.feet cost followed by "House" with an average price of $231 / sq.feet.