The prices in real estate in Bryn Mawr, 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 Bryn Mawr has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $322. In the following month the price per sq.feet decreased considerably to $263. The price for the following two months in (November, December) decreased 90 % 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 $278 to $265 during January y February
Based upon to the price in Bryn Mawr (cities), this has gone downing the last 6 months. The average price for September is $1,139,783. During October the price had a slight fall till $1,035,407. During the following two months (November, December) the price has had an average incrementation from $1,087,595 to $1,153,675.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $1,120,635.25 to $981,641 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $988,778 they are 87 % more affordable than the average price for Bryn Mawr. The properties with the lowest average price have 4 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 3 bedrooms priced at $589,100.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $187 / sq.feet, with an average $271 / sq.feet price in Bryn Mawr. The properties with the highest average prices have 3 bedrooms. They are 25 % more expensive than the average followed by properties with 4 bedrooms with a price at $247 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $988,778 it is 84 % cheaper than the average price in Bryn Mawr. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $754,092 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $202 / sq.feet followed by "Apartment" priced at $213 / sq.feet. "Townhouse" is the most costly type of property with a $72,037 / sq.feet cost followed by "House" with an average price of $306 / sq.feet.