The prices in real estate in Chambersburg, 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 Chambersburg has increased strongly during the last 6 months. In May, the average price per sq.feet was $103. In June this price pretty much remained the same at a value of $104 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 134 %. The price per sq.feet has decreased 91 % 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 $121.25 to $110.5 during September, and October.
Based upon to the price in Chambersburg (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $218,270. In June This price remains at $220,910. In the following two months the average price has remained the same with regard to the previous two months from $219,590 to $213,712.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $214,198 they are 26 % more affordable than the average price for Chambersburg. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,906.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $107 / sq.feet price in Chambersburg. The properties with the highest average prices have 1 bedroom. They are 64 % more expensive than the average followed by properties with 3 bedrooms with a price at $110 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $214,198 it is 4 % cheaper than the average price in Chambersburg. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $206,287 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $98 / sq.feet followed by "House" priced at $111 / sq.feet. "House" is the most costly type of property with a $111 / sq.feet cost followed by "Detached House" with an average price of $98 / sq.feet.