The prices in real estate in Aliquippa, 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 Aliquippa has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $111. In the following month the price per sq.feet decreased to $96. The price for the following two months in (November, December) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 41 % 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 $61.75 to $25.5 during January, and February.
Based upon to the price in Aliquippa (cities), these have remained the same in the last 6 months. The average price during our first sample month during September, is $161,413. During October the price went through a considerable rise reaching $205,167. During the following two months (November, December) the average price fell 86 % 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 $170,667.5 to $126,961.5, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $124,092 they are 0 % more affordable than the average price for Aliquippa. The properties with the highest average price have 4 bedrooms, Their price is 118 % more costly than the average. After that we have properties with 3 bedrooms priced at $256,278.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $83 / sq.feet, with an average $32 / sq.feet price in Aliquippa. The properties with the highest average prices have 1 bedroom. They are 259 % more expensive than the average followed by properties with 3 bedrooms with a price at $97 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $124,092 it is 2 % cheaper than the average price in Aliquippa. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Duplex". At a price of $251,927 it is 119 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Duplex" at an average cost of $93 / sq.feet followed by "House" priced at $96 / sq.feet. "Townhouse" is the most costly type of property with a $108 / sq.feet cost followed by "Condo" with an average price of $99 / sq.feet.