The average price in the West Virginia region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in West Virginia has increased strongly in the last 6 months. During July, the average price per sq.feet was $120. The following month (August) the price had a considerable increase reaching $533 per sq.feet. The following two months (September, October) went through a considerable deflation of 66 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 40 %. This has been obtained by comparing the price of $270.25 for the first four months of the sample with regard to the previous 4 months and the price of $107 per sq.feet for the last two months (November, December).
Based upon to the price in West Virginia(region), this has increased in the last 6 months. The average price in July is $205,540. In August the price increased to $219,453. In the following two months the average price didn't change much compared to the previous two going from $212,496.5 to $220,930.5. During the last two months the price has risen 108 % compared to the previous average values going from $216,713.5 a $234,492.5 in November and December.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 55 % more affordable than the average price in West Virginia followed by those with 1 with an average price of $110,510. The most costly properties have 4 bedrooms. They are 17 % more expensive than the average followed by those properties with 3 bedrooms priced at $207,646.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $88 / sq.feet being $108 / sq.feet the average value within the West Virginia region. The properties with the most expensive average price are those with 3 bedrooms. These are 5 % more costly than the average followed by those with 1 bedroom with a price of $111 / sq.feet.
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of $235,210 it is 30 % more affordable than the average in West Virginia. This is followed by "Condo" with a price of $186,619. The dearest property type is "Land" and is 289 % more expensive than the average, followed by "Commercial" with a cost of $397,200.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $81 / sq.feet, followed by "Apartment" with a price of $88 / sq.feet. "Commercial" with an average price of $1,601 / sq.feet is the most costly type of property followed by "Land" at a price of $1,436 / sq.feet.