The prices in real estate in Alburtis, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Alburtis has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,263. In the following month the price per sq.feet decreased considerably to $214. The price for the following two months in (January, February) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 17 % 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 $1,170.25 to $203 during March, and April.
Based upon to the price in Alburtis (cities), this has fallen considerably in the last 6 months. The average price for November is $621,098. During December the price had a slight fall till $541,054. During the following two months (January, February) the average price had a considerable reduction of 83 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $507,951 they are 49 % more affordable than the average price for Alburtis. The properties with the lowest average price have 1 bedroom, Their price is 48 % cheaper than the average. After that we have properties with 2 bedrooms priced at $260,528.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $44 / sq.feet, with an average $191 / sq.feet price in Alburtis. The properties with the lowest average prices have 1 bedroom. They are 72 % cheaper than the average followed by properties with 2 bedrooms with a price at $49 / sq.feet.
With regard to the average price based upon the property in Alburtis we can see that the cheapest property type is "House" at a price of $259,225, they are 49 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 49 % more affordable 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 $44 / sq.feet. "House" with an average cost of $44 / sq.feet has the lowest price and would be directed at less affluent cities.