The prices in real estate in Cheltenham, in the Pennsylvania region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cheltenham has remained the same in the last 6 months. In November, the average price per sq.feet was $181. In December this price pretty much remained the same at a value of $181 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $181 to $182 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $181.5 to $176 during March y April
Based upon to the price in Cheltenham (cities), this has gone up considerably in the last 6 months. The price in November is $398,398, rising in December till $429,443. During the following two months (January, February) the price has had an average incrementation from $413,920.5 to $450,877.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % 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 $447,069 they are 50 % more affordable than the average price for Cheltenham. The properties with the lowest average price have 1 bedroom, Their price is 49 % cheaper than the average. After that we have properties with 2 bedrooms priced at $225,136.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $73 / sq.feet, with an average $176 / sq.feet price in Cheltenham. The properties with the lowest average prices have 1 bedroom. They are 56 % cheaper than the average followed by properties with 2 bedrooms with a price at $73 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $447,069 it is 50 % 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 $224,779 it is 50 % 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 $73 / sq.feet. "House" with an average cost of $73 / sq.feet has the lowest price and would be directed at less affluent cities.