Property prices for sale in Fayetteville (Pennsylvania)
The prices in real estate in Fayetteville, 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 Fayetteville has increased strongly during the last 6 months. In October, the average price per sq.feet was $175. In the following month the price per sq.feet decreased to $156. In the following two months the price per sq.feet has barely changed, going from $165.5 to $170 per sq.feet. The price per sq.feet has had a considerable increase of 2789 % 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 $167.75 to $4,678.5 during February, and March.
Based upon to the price in Fayetteville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $306,632. In November This price remains at $314,461. During the following two months (December, January) the average price fell 95 % 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 $302,159 and $296,026 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $278,989 they are 87 % more affordable than the average price for Fayetteville. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,297.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $36 / sq.feet, with an average $6,054 / sq.feet price in Fayetteville. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 4 bedrooms with a price at $164 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $278,989 it is 28 % cheaper than the average price in Fayetteville. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $225,804 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $40 / sq.feet followed by "Townhouse" priced at $48 / sq.feet. "House" is the cheapest type of property with a $157 / sq.feet value followed by "Townhouse" with an average price of $48 / sq.feet.
