The prices in real estate in Chadds Ford, 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 Chadds Ford has increased strongly during the last 6 months. In October, the average price per sq.feet was $262. In the following month the price per sq.feet increased to $288. The price for the following two months in (December, January) had a considerable increment of 338 %. The price per sq.feet has had a considerable deflation of 46 % 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 $602 to $277 during February, and March.
Based upon to the price in Chadds Ford (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $993,567. In November This price remains at $986,823. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. 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 $948,448.75 and $971,158.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $1,000,655 they are 39 % more affordable than the average price for Chadds Ford. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 1 bedroom priced at $608,986.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $235 / sq.feet, with an average $279 / sq.feet price in Chadds Ford. The properties with the highest average prices have 1 bedroom. They are 36977 % more expensive than the average followed by properties with 3 bedrooms with a price at $102,925 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,000,655 it is 71 % cheaper than the average price in Chadds Ford. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $638,324 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $200 / sq.feet followed by "House" priced at $248 / sq.feet. "Farm" is the most costly type of property with a $562 / sq.feet cost followed by "House" with an average price of $248 / sq.feet.