The prices in real estate in Ambler, 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 Ambler has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $44,711. In the following month the price per sq.feet decreased considerably to $5,587. The price for the following two months in (November, December) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has increased 105 % 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 $19,213.75 to $20,187.5 during January, and February.
Based upon to the price in Ambler (cities), this has gone downing the last 6 months. The average price for September is $921,599. During October the price had a slight fall till $815,982. During the following two months (November, December) the average price fell 94 % 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 114 % 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 $972,094 they are 67 % more affordable than the average price for Ambler. The properties with the lowest average price have 2 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 4 bedrooms priced at $596,124.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $178 / sq.feet, with an average $27,055 / 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 $260 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $972,094 it is 48 % cheaper than the average price in Ambler. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $596,124 it is 23 % 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 $143 / sq.feet followed by "House" priced at $173 / sq.feet. "Townhouse" is the cheapest type of property with a $254 / sq.feet value followed by "Apartment" with an average price of $178 / sq.feet.