The prices in real estate in Cheswick, 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 Cheswick has increased strongly during the last 6 months. In November, the average price per sq.feet was $165. In the following month the price per sq.feet decreased to $146. The price for the following two months in (January, February) had a considerable increment of 788 %. The price per sq.feet has had a considerable increase of 123 % 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 $690.5 to $851.5 during March, and April.
Based upon to the price in Cheswick (cities), this has gone up considerably in the last 6 months. The average price for November is $258,751. During December the price had a slight fall till $221,516. During the following two months (January, February) the average price had a considerable increase of 185 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 139 % 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 $398,263 they are 75 % more affordable than the average price for Cheswick. The properties with the lowest average price have 3 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 4 bedrooms priced at $281,655.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $50 / sq.feet, with an average $198 / sq.feet price in Cheswick. The properties with the lowest average prices have 3 bedrooms. They are 52 % cheaper than the average followed by properties with 2 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $398,263 it is 29 % cheaper than the average price in Cheswick. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $280,809 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $70 / sq.feet followed by "Apartment" priced at $73 / sq.feet. "Apartment" is the cheapest type of property with a $73 / sq.feet value followed by "Townhouse" with an average price of $70 / sq.feet.