The average price in the Virginia region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in Virginia has risen in the last 6 months. During February, the average price per sq.feet was $275. The following month (March) the price had a considerable deflation reaching $232 per sq.feet. The following two months (April, May) there has been a deflation of 93 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $244 to $242 during June and July.
Based upon to the price in Virginia(region), these have remained the same in the last 6 months. February has an average price of $524,997. During March the price had a slight deflation till $486,751. In the following two months the average price didn't change much compared to the previous two going from $505,874 to $523,836. During the last two months the average price has remained stagnant and has gone from $514,855 to $532,157.5 during June and July.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 39 % more affordable than the average price in Virginia followed by those with 2 with an average price of $363,271. The most costly properties have 4 bedrooms. They are 25 % more expensive than the average followed by those properties with 3 bedrooms priced at $387,873.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $218 / sq.feet being $230 / sq.feet the average value within the Virginia region. The properties with the most expensive average price are those with 1 bedroom. These are 77 % more costly than the average followed by those with 2 bedrooms with a price of $285 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $499,867 it is 70 % more affordable than the average in Virginia. This is followed by "Commercial" with a price of $410,365. The dearest property type is "Apartment" and is 11 % more expensive than the average, followed by "Townhouse" with a cost of $498,895.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $143 / sq.feet, followed by "House" with a price of $225 / sq.feet. "Apartment" with an average price of $27,877 / sq.feet is the most costly type of property followed by "Land" at a price of $17,969 / sq.feet.