The prices in real estate in Ambler, 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 Ambler has increased strongly during the last 6 months. In January, the average price per sq.feet was $190. In February this price pretty much remained the same at a value of $193 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $191.5 to $188 per sq.feet. The price per sq.feet has had a considerable increase of 7578 % 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 $189.75 to $14,379 during May, and June.
Based upon to the price in Ambler (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $602,041. In February This price remains at $609,775. In the following two months the average price has remained the same with regard to the previous two months from $605,908 to $608,560. Based on an analysis of the first four prices and the last two months the average price has risen strongly 160 % 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 $992,055 they are 67 % more affordable than the average price for Ambler. The properties with the lowest average price have 2 bedrooms, Their price is 24 % cheaper than the average. After that we have properties with 4 bedrooms priced at $597,917.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $181 / sq.feet, with an average $28,522 / sq.feet price in Ambler. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $263 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $992,055 it is 48 % cheaper than the average price in Ambler. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $597,917 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $151 / sq.feet followed by "Apartment" priced at $181 / sq.feet. "Townhouse" is the cheapest type of property with a $262 / sq.feet value followed by "Apartment" with an average price of $181 / sq.feet.