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 March, the average price per sq.feet was $180. The following month (April) the price had a considerable increase reaching $266 per sq.feet. In the following two months (May, June) the price per sq.feet has risen strongly to a 216 %. In the last two months, the price per sq.feet has decreased 93 %. This has been obtained by comparing the price $352.5 for the first four months of the sample with regard to the previous 4 months and the price $326.5 per sq.feet for the last two months (July, August).
Based upon to the price in West Virginia(region), this has increased considerably in the last 6 months. In the first month sample March the average price is $169,522. In April the price was the same at $170,261. The price in the following months (May, June) had a strong increment of 138 % going from $169,891.5 to $233,601.5. During the last two months the price has risen 105 % compared to the previous average values going from $201,746.5 a $212,496.5 in July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 52 % more affordable than the average price in West Virginia followed by those with 2 with an average price of $176,666. The most costly properties have 4 bedrooms. They are 37 % more expensive than the average followed by those properties with 3 bedrooms priced at $210,590.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $86 / sq.feet being $533 / sq.feet the average value within the West Virginia region. The properties with the most expensive average price are those with 4 bedrooms. These are 64 % more costly than the average followed by those with 3 bedrooms with a price of $202 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $219,453 it is 60 % more affordable than the average in West Virginia. This is followed by "Townhouse" with a price of $166,477. The dearest property type is "Commercial" and is 82 % more expensive than the average, followed by "House" with a cost of $247,099.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $90 / sq.feet, followed by "Apartment" with a price of $92 / sq.feet. "Commercial" with an average price of $1,609 / sq.feet is the most costly type of property followed by "Land" at a price of $684 / sq.feet.