The prices in real estate in Cheltenham, 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 Cheltenham has increased strongly during the last 6 months. In October, the average price per sq.feet was $138. In November this price pretty much remained the same at a value of $141 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $139.5 to $134 per sq.feet. The price per sq.feet has had a considerable increase of 1969 % 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 $136.75 to $2,693 during February, and March.
Based upon to the price in Cheltenham (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $226,633. During November the price went through a considerable rise reaching $263,115. During the following two months (December, January) the price has had an average incrementation from $244,874 to $257,924.5. 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 $251,399.25 and $261,055.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 8 % cheaper than the average price of $230,851 in Cheltenham. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($98 / sq.feet) in Cheltenham. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $250,500 it is 8 % cheaper than the average price in Cheltenham. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $230,486 it is 8 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $98 / sq.feet. "House" with an average cost of $98 / sq.feet has the lowest price and would be directed at less affluent cities.