The prices in real estate in Doylestown, 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 Doylestown has increased strongly during the last 6 months. In April, the average price per sq.feet was $231. In May this price pretty much remained the same at a value of $232 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 15135 %. The price per sq.feet has had a considerable deflation of 58 % 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 $17,635 to $10,222.5 during August, and September.
Based upon to the price in Doylestown (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $763,623. In May This price remains at $738,871. During the following two months (June, July) the price has had an average incrementation from $751,247 to $791,705.5. 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 $771,476.25 and $733,802.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $756,452 they are 56 % more affordable than the average price for Doylestown. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 4 bedrooms priced at $618,578.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $190 / sq.feet, with an average $8,926 / sq.feet price in Doylestown. The properties with the lowest average prices have 2 bedrooms. They are 92 % cheaper than the average followed by properties with 1 bedroom with a price at $609 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $756,452 it is 45 % cheaper than the average price in Doylestown. "Office" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial". At a price of $742,770 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $214 / sq.feet followed by "Apartment" priced at $230 / sq.feet. "House" is the cheapest type of property with a $1,962 / sq.feet value followed by "Condo" with an average price of $424 / sq.feet.