The prices in real estate in Elverson, 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 Elverson has increased strongly during the last 6 months. In October, the average price per sq.feet was $5,206. In the following month the price per sq.feet decreased considerably to $233. The price for the following two months in (December, January) had a considerable increment of 815 %. The price per sq.feet has had a considerable increase of 119 % 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 $12,436.5 to $14,790.5 during February, and March.
Based upon to the price in Elverson (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $633,232. In November This price remains at $653,496. During the following two months (December, January) the average price had a considerable reduction of 75 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $563,710.75 to $474,626, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $488,083 they are 9 % more expensive than the average price for Elverson. Following this ranking we find those properties with 1 at an average price of $752,641. The properties with the highest average price have 1 bedroom, Their price is 54 % more costly than the average. After that we have properties with 2 bedrooms priced at $533,984.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $14,847 / sq.feet price in Elverson. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $130 / sq.feet.
With regard to the average price based upon the property in Elverson we can see that most expensive property type is "House" at a price of $533,984, they are 9 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 9 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $130 / sq.feet. "House" with an average cost of $130 / sq.feet has the lowest price and would be directed at less affluent cities.