The prices in real estate in Woolwine, 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 Woolwine has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,563. In the following month the price per sq.feet increased considerably to $17,743. In the following two months the price per sq.feet has increased 109 %, going from $10,653 to $11,584.5 per sq.feet. The price per sq.feet has had a considerable deflation of 26 % 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 $11,118.75 to $2,908 during March, and April.
Based upon to the price in Woolwine (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $392,263. During December the price went through a considerable rise reaching $707,750. During the following two months (January, February) the average price had a considerable reduction of 63 % 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 $446,891.75 to $159,672.5, which means a 36 % fall.