The average price in the Virginia region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Virginia has remained stagnant in the last 6 months. During November, the average price per sq.feet was $241. The following month (December) the price increased to $258 per sq.feet. The following two months (January, February) went through an increase of 105 % in the price per sq.feet rising from $249.5 to $262 per sq.feet. In the last two months, the price per sq.feet has decreased 90 %. This has been obtained by comparing the price $255.75 for the first four months of the sample with regard to the previous 4 months and the price $229.5 per sq.feet for the last two months (March, April).
Based upon to the price in Virginia (region), this has decreased in the last 6 months. November has an average price of $575,290. During December the price had a slight deflation till $533,987. In the following two months the average price didn't change much compared to the previous two going from $554,638.5 to $549,564. During the last two months the price has reduced 85 % compared to the previous average values going from $552,101.25 a $471,541.5 in March and April.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 48 % more affordable than the average price in Virginia followed by those with 2 with an average price of $323,447. The most costly properties have 4 bedrooms. They are 9 % more expensive than the average followed by those properties with 3 bedrooms priced at $359,120.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $203 / sq.feet being $244 / sq.feet the average value within the Virginia region. The properties with the most expensive average price are those with 1 bedroom. These are 45 % more costly than the average followed by those with 2 bedrooms with a price of $286 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $523,559 it is 53 % more affordable than the average in Virginia. This is followed by "Apartment" with a price of $294,608. The dearest property type is "Commercial" and is 90 % more expensive than the average, followed by "House" with a cost of $747,642.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $235 / sq.feet, followed by "House" with a price of $236 / sq.feet. "Land" with an average price of $42,164 / sq.feet is the most costly type of property followed by "Condo" at a price of $344 / sq.feet.