Property prices for sale in Altoona (Pennsylvania)
The prices in real estate in Altoona, in the Pennsylvania 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 Altoona has increased strongly during the last 6 months. In November, the average price per sq.feet was $95. In the following month the price per sq.feet increased to $109. The price for the following two months in (January, February) had a considerable increment of 164 %. The price per sq.feet has had a considerable increase of 358 % 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 $134.75 to $482.5 during March, and April.
Based upon to the price in Altoona (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $152,141. During December the price went through a considerable rise reaching $176,416. In the following two months the average price has remained the same with regard to the previous two months from $164,278.5 to $156,493.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $206,452 they are 40 % more affordable than the average price for Altoona. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 2 bedrooms priced at $135,777.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $45 / sq.feet, with an average $122 / sq.feet price in Altoona. The properties with the highest average prices have 4 bedrooms. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $90 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $206,452 it is 42 % cheaper than the average price in Altoona. "Condo" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "House". At a price of $153,179 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $12 / sq.feet followed by "Townhouse" priced at $15 / sq.feet. "House" is the most costly type of property with a $126 / sq.feet cost followed by "Apartment" with an average price of $25 / sq.feet.
