The prices in real estate in Yorktown, 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 Yorktown has increased strongly during the last 6 months. In April, the average price per sq.feet was $164. In May this price pretty much remained the same at a value of $159 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 192 %. The price per sq.feet has had a considerable deflation of 65 % 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 $236 to $154.5 during August, and September.
Based upon to the price in Yorktown (cities), these have remained the same in the last 6 months. The price in April is $334,833, rising in May till $373,409. In the following two months the average price has remained the same with regard to the previous two months from $354,121 to $339,616. 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 $346,868.5 and $340,324 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $333,389 they are 49 % more affordable than the average price for Yorktown. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 1 bedroom priced at $326,437.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $137 / sq.feet, with an average $152 / sq.feet price in Yorktown. The properties with the highest average prices have 2 bedrooms. They are 274 % more expensive than the average followed by properties with 3 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $333,389 it is 52 % cheaper than the average price in Yorktown. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of $326,345 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $112 / sq.feet followed by "Apartment" priced at $136 / sq.feet. "Condo" is the most costly type of property with a $1,314 / sq.feet cost followed by "House" with an average price of $1,214 / sq.feet.