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 September, the average price per sq.feet was $277. In October this price pretty much remained the same at a value of $277 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 126 %. The price per sq.feet has had a considerable increase of 142 % 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 $313.25 to $444 during January, and February.
Based upon to the price in Conshohocken (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is $498,181. In October This price remains at $488,418. During the following two months (November, December) the average price had a considerable increase of 146 % 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 151 % 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 $539,874 they are 59 % more affordable than the average price for Conshohocken. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $549,922.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $280 / sq.feet, with an average $272 / sq.feet price in Conshohocken. The properties with the highest average prices have 2 bedrooms. They are 34 % more expensive than the average followed by properties with 3 bedrooms with a price at $345 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $539,874 it is 50 % cheaper than the average price in Conshohocken. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $462,303 it is 16 % 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 $124 / sq.feet followed by "Commercial" priced at $161 / sq.feet. "Condo" is the most costly type of property with a $74,834 / sq.feet cost followed by "House" with an average price of $311 / sq.feet.