The prices in real estate in Collegeville, 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 Collegeville has increased strongly during the last 6 months. In March, the average price per sq.feet was $173. In April this price pretty much remained the same at a value of $178 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 7159 %. The price per sq.feet has had a considerable increase of 599 % 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 $6,369.5 to $38,126.5 during July, and August.
Based upon to the price in Collegeville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $415,682. During April the price went through a considerable rise reaching $486,765. During the following two months (May, June) the price has had an average incrementation from $451,223.5 to $491,399.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % 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 $543,347 they are 34 % more affordable than the average price for Collegeville. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 1 bedroom priced at $382,932.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $151 / sq.feet, with an average $44,156 / sq.feet price in Collegeville. The properties with the lowest average prices have 2 bedrooms. They are 100 % cheaper than the average followed by properties with 1 bedroom with a price at $180 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $543,347 it is 27 % cheaper than the average price in Collegeville. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "Townhouse". At a price of $436,762 it is 15 % 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 $153 / sq.feet followed by "Commercial" priced at $165 / sq.feet. "Commercial Property" is the cheapest type of property with a $1,333 / sq.feet value followed by "House" with an average price of $170 / sq.feet.