The prices in real estate in East Stroudsburg, 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 East Stroudsburg has increased strongly during the last 6 months. In March, the average price per sq.feet was $160. In April this price pretty much remained the same at a value of $164 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 910 %. The price per sq.feet has had a considerable increase of 206 % 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 $818.5 to $1,686.5 during July, and August.
Based upon to the price in East Stroudsburg (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $359,539. In April This price remains at $358,007. During the following two months (May, June) the average price fell 87 % with regard to the previous two months. 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 $335,937.75 and $342,635 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $356,721 they are 66 % more affordable than the average price for East Stroudsburg. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $324,421.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $179 / sq.feet, with an average $1,389 / sq.feet price in East Stroudsburg. The properties with the lowest average prices have 1 bedroom. They are 23 % cheaper than the average followed by properties with 4 bedrooms with a price at $552 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $356,721 it is 90 % cheaper than the average price in East Stroudsburg. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $382,073 it is 84 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $142 / sq.feet followed by "Townhouse" priced at $144 / sq.feet. "Land" is the most costly type of property with a $10,526 / sq.feet cost followed by "Commercial" with an average price of $3,316 / sq.feet.