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 October, the average price per sq.feet was $98. In November this price pretty much remained the same at a value of $95 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $96.5 to $101 per sq.feet. The price per sq.feet has had a considerable increase of 549 % 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 $98.75 to $542.5 during February, and March.
Based upon to the price in Altoona (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $157,654. In November This price remains at $152,141. During the following two months (December, January) the price has had an average incrementation from $154,897.5 to $165,894. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $197,812 they are 81 % more affordable than the average price for Altoona. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $130,758.
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 $843 / sq.feet price in Altoona. The properties with the lowest average prices have 4 bedrooms. They are 83 % cheaper than the average followed by properties with 2 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $197,812 it is 40 % 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 $153,333 it is 19 % 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 $13 / sq.feet followed by "Townhouse" priced at $16 / sq.feet. "House" is the cheapest type of property with a $127 / sq.feet value followed by "Apartment" with an average price of $26 / sq.feet.
