The prices in real estate in Ephrata, 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 Ephrata has fallen in the last 6 months. In June, the average price per sq.feet was $146. In the following month the price per sq.feet decreased to $134. In the following two months the price per sq.feet has barely changed, going from $140 to $133.5 per sq.feet. 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 $136.75 to $141 during October y November
Based upon to the price in Ephrata (cities), these have remained the same in the last 6 months. The average price for June is $294,053. During July the price had a slight fall till $273,448. In the following two months the average price has remained the same with regard to the previous two months from $283,750.5 to $291,377. 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 $287,563.75 and $296,852.5 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $290,404 they are 15 % more affordable than the average price for Ephrata. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 1 bedroom priced at $245,675.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $139 / sq.feet price in Ephrata. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 4 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $290,404 it is 17 % cheaper than the average price in Ephrata. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $332,332 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $111 / sq.feet followed by "Townhouse" priced at $118 / sq.feet. "Apartment" is the cheapest type of property with a $137 / sq.feet value followed by "House" with an average price of $123 / sq.feet.