The prices in real estate in Elkins Park, in the Pennsylvania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Elkins Park has fallen in the last 6 months. In October, the average price per sq.feet was $186. In November this price pretty much remained the same at a value of $184 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $176 to $180 during February y March
Based upon to the price in Elkins Park (cities), these have remained the same in the last 6 months. The average price for October is $427,384. During November the price had a slight fall till $404,633. In the following two months the average price has remained the same with regard to the previous two months from $416,008.5 to $399,109.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $444,267 they are 76 % more affordable than the average price for Elkins Park. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $346,116.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $135 / sq.feet, with an average $182 / sq.feet price in Elkins Park. The properties with the lowest average prices have 2 bedrooms. They are 6 % cheaper than the average followed by properties with 4 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $444,267 it is 46 % cheaper than the average price in Elkins Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $492,124 it is 13 % 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 $153 / sq.feet followed by "Townhouse" priced at $173 / sq.feet. "Detached House" is the most costly type of property with a $187 / sq.feet cost followed by "House" with an average price of $186 / sq.feet.