The prices in real estate in Conestoga, 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 Conestoga has increased strongly during the last 6 months. In October, the average price per sq.feet was $182. In November this price pretty much remained the same at a value of $190 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 3445 %. The price per sq.feet has had a considerable increase of 271 % 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 $3,296.75 to $8,929.5 during February, and March.
Based upon to the price in Conestoga (cities), this has gone up in the last 6 months. The price in October is $319,167, rising in November till $335,365. During the following two months (December, January) the average price fell 86 % 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 142 % 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 $692,667 they are 74 % more affordable than the average price for Conestoga. The properties with the lowest average price have 1 bedroom, Their price is 17 % cheaper than the average. After that we have properties with 4 bedrooms priced at $412,503.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $114 / sq.feet, with an average $262 / sq.feet price in Conestoga. The properties with the lowest average prices have 4 bedrooms. They are 37 % cheaper than the average followed by properties with 2 bedrooms with a price at $146 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $692,667 it is 55 % cheaper than the average price in Conestoga. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $312,442 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $109 / sq.feet followed by "House" priced at $160 / sq.feet. "House" is the cheapest type of property with a $160 / sq.feet value followed by "Commercial" with an average price of $109 / sq.feet.