The prices in real estate in Conshohocken, 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 Conshohocken has increased strongly during the last 6 months. In November, the average price per sq.feet was $284. In the following month the price per sq.feet increased considerably to $415. The price for the following two months in (January, February) had a considerable increment of 127 %. The price per sq.feet has had a considerable deflation of 78 % 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 $396.75 to $309 during March, and April.
Based upon to the price in Conshohocken (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $539,935. During December the price went through a considerable rise reaching $903,147. During the following two months (January, February) the average price had a considerable increase of 127 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $819,766.5 to $622,129.5, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $646,463 they are 63 % more affordable than the average price for Conshohocken. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $662,356.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $297 / sq.feet, with an average $310 / sq.feet price in Conshohocken. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at $321 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $646,463 it is 51 % cheaper than the average price in Conshohocken. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $642,315 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $122 / sq.feet followed by "Commercial" priced at $159 / sq.feet. "Townhouse" is the most costly type of property with a $322 / sq.feet cost followed by "Condo" with an average price of $317 / sq.feet.