The prices in real estate in Abbottstown, 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 Abbottstown has increased strongly during the last 6 months. In March, the average price per sq.feet was $135. In the following month the price per sq.feet increased considerably to $494. The price for the following two months in (May, June) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 55 % 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 $230.5 to $127 during July, and August.
Based upon to the price in Abbottstown (cities), these have remained the same in the last 6 months. The average price during our first sample month during March, is $269,075. During April the price went through a considerable rise reaching $486,814. During the following two months (May, June) the average price had a considerable reduction of 63 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $307,281.5 to $214,523, which means a 70 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $179,465 they are 25 % more expensive than the average price for Abbottstown. Following this ranking we find those properties with 1 at an average price of $225,280. The properties with the highest average price have 1 bedroom, Their price is 26 % more costly than the average. After that we have properties with 2 bedrooms priced at $224,153.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $128 / sq.feet price in Abbottstown. The properties with the lowest average prices have 1 bedroom. They are 23 % cheaper than the average followed by properties with 2 bedrooms with a price at $94 / sq.feet.
With regard to the average price based upon the property in Abbottstown we can see that most expensive property type is "House" at a price of $224,153, they are 25 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 25 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $94 / sq.feet. "House" with an average cost of $94 / sq.feet has the lowest price and would be directed at less affluent cities.