The prices in real estate in Butler, 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 Butler has increased strongly during the last 6 months. In October, the average price per sq.feet was $166. In the following month the price per sq.feet decreased to $151. In the following two months the price per sq.feet has barely changed, going from $158.5 to $165.5 per sq.feet. The price per sq.feet has had a considerable increase of 671 % 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 $162 to $1,087.5 during February, and March.
Based upon to the price in Butler (cities), these have remained the same in the last 6 months. The average price for October is $255,863. During November the price had a slight fall till $234,953. In the following two months the average price has remained the same with regard to the previous two months from $245,408 to $255,677.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $268,018 they are 72 % more affordable than the average price for Butler. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $226,351.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $2,006 / sq.feet price in Butler. The properties with the highest average prices have 1 bedroom. They are 1148 % more expensive than the average followed by properties with 3 bedrooms with a price at $154 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $268,018 it is 17 % cheaper than the average price in Butler. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $266,154 it is 839 % 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 $73 / sq.feet followed by "Apartment" priced at $84 / sq.feet. "Land" is the most costly type of property with a $21,515 / sq.feet cost followed by "Commercial" with an average price of $2,039 / sq.feet.