The prices in real estate in Belle Vernon, 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 Belle Vernon has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $106. In the following month the price per sq.feet decreased considerably to $82. 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 barely changed in the last two months compared to the average price of the previous four months going from an average price of $71.75 to $74 during January y February
Based upon to the price in Belle Vernon (cities), this has gone up in the last 6 months. The average price during our first sample month during September, is $206,675. During October the price went through a considerable rise reaching $238,644. During the following two months (November, December) the average price fell 91 % 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 125 % 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 $279,973 they are 78 % more affordable than the average price for Belle Vernon. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $233,684.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $62 / sq.feet, with an average $83 / sq.feet price in Belle Vernon. The properties with the highest average prices have 4 bedrooms. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $84 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $279,973 it is 11 % cheaper than the average price in Belle Vernon. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $259,076 it is 1 % 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 $78 / sq.feet followed by "Apartment" priced at $101 / sq.feet. "Townhouse" is the most costly type of property with a $137 / sq.feet cost followed by "Apartment" with an average price of $101 / sq.feet.