The prices in real estate in Dingmans Ferry, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Dingmans Ferry has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $751. In the following month the price per sq.feet decreased considerably to $122. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 37 % 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 $272.25 to $100 during February, and March.
Based upon to the price in Dingmans Ferry (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $189,740. During November the price went through a considerable rise reaching $244,993. In the following two months the average price has remained the same with regard to the previous two months from $217,366.5 to $226,349.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $221,858 and $228,457.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $215,193 they are 52 % more affordable than the average price for Dingmans Ferry. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $206,063.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $89 / sq.feet, with an average $98 / sq.feet price in Dingmans Ferry. The properties with the highest average prices have 2 bedrooms. They are 1395 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,198 / sq.feet.
The graph displaying the average prices displays the property type "Cabin" as the most affordable one. At an cost of $215,193 it is 54 % cheaper than the average price in Dingmans Ferry. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $161,227 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $188 / sq.feet followed by "Cabin" priced at $815 / sq.feet. "House" is the most costly type of property with a $1,396 / sq.feet cost followed by "Cabin" with an average price of $815 / sq.feet.