The prices in real estate in Archbald, 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 Archbald has increased strongly during the last 6 months. In July, the average price per sq.feet was $281. In the following month the price per sq.feet increased considerably to $2,410. The price for the following two months in (September, October) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 14 % 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 $727.5 to $104.5 during November, and December.
Based upon to the price in Archbald (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $191,300. During August the price went through a considerable rise reaching $243,400. During the following two months (September, October) the average price had a considerable increase of 121 % 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 risen strongly 119 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 43 % cheaper than the average price of $137,371 in Archbald. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 43 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 51 % cheaper than the average price of ($50 / sq.feet) in Archbald. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 51 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $242,955 it is 43 % cheaper than the average price in Archbald. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $137,371 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $50 / sq.feet followed by "Apartment" priced at $62 / sq.feet. "Apartment" is the cheapest type of property with a $62 / sq.feet value followed by "House" with an average price of $50 / sq.feet.