The prices in real estate in Altoona, in the Pennsylvania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Altoona has fallen in the last 6 months. In June, the average price per sq.feet was $94. In the following month the price per sq.feet increased considerably to $149. The price for the following two months in (August, September) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $94.25 to $64 during October, and November.
Based upon to the price in Altoona (cities), this has gone up in the last 6 months. In our first sample month during June, the average price is $126,692. In July This price remains at $131,727. During the following two months (August, September) the price has had an average incrementation from $129,209.5 to $144,249.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $136,729.5 to $127,854 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $128,207 they are 2 % more affordable than the average price for Altoona. The properties with the lowest average price have 1 bedroom, Their price is 1 % cheaper than the average. After that we have properties with 4 bedrooms priced at $125,928.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $68 / sq.feet, with an average $68 / sq.feet price in Altoona. The properties with the highest average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 4 bedrooms with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $128,207 it is 2 % cheaper than the average price in Altoona. "Office" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $125,928 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $65 / sq.feet followed by "House" priced at $68 / sq.feet. "House" is the cheapest type of property with a $68 / sq.feet value followed by "Office" with an average price of $65 / sq.feet.