The prices in real estate in Blue Bell, 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 Blue Bell has increased strongly during the last 6 months. In May, the average price per sq.feet was $196. In the following month the price per sq.feet increased considerably to $43,624. The price for the following two months in (July, August) had a considerable increment of 266 %. The price per sq.feet has had a considerable increase of 131 % 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 $40,130.5 to $52,746 during September, and October.
Based upon to the price in Blue Bell (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $858,161. In June This price remains at $871,444. In the following two months the average price has remained the same with regard to the previous two months from $864,802.5 to $905,672.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $885,237.5 and $921,119 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $875,844 they are 79 % more affordable than the average price for Blue Bell. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at $484,601.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $182 / sq.feet, with an average $35,494 / sq.feet price in Blue Bell. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $875,844 it is 48 % cheaper than the average price in Blue Bell. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $458,716 it is 25 % 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 $177 / sq.feet followed by "Condo" priced at $8,388 / sq.feet. "Condo" is the cheapest type of property with a $8,388 / sq.feet value followed by "House" with an average price of $177 / sq.feet.