The prices in real estate in Carnegie, 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 Carnegie has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $122. In the following month the price per sq.feet decreased to $104. The price for the following two months in (November, December) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 31 % 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 $75.25 to $23.5 during January, and February.
Based upon to the price in Carnegie (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $180,353. In October This price remains at $184,915. In the following two months the average price has remained the same with regard to the previous two months from $182,634 to $181,887. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $197,800 they are 31 % more affordable than the average price for Carnegie. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $236,972.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $46 / sq.feet, with an average $29 / sq.feet price in Carnegie. The properties with the highest average prices have 2 bedrooms. They are 341 % more expensive than the average followed by properties with 1 bedroom with a price at $116 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $197,800 it is 18 % cheaper than the average price in Carnegie. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $161,702 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $79 / sq.feet followed by "Duplex" priced at $80 / sq.feet. "House" is the most costly type of property with a $92 / sq.feet cost followed by "Condo" with an average price of $81 / sq.feet.