The prices in real estate in Ford City, 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 Ford City has increased strongly during the last 6 months. In November, the average price per sq.feet was $93. In December this price pretty much remained the same at a value of $94 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $93.5 to $96.5 per sq.feet. The price per sq.feet has had a considerable increase of 551 % 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 $95 to $523 during March, and April.
Based upon to the price in Ford City (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $137,042. In December This price remains at $135,930. During the following two months (January, February) the price has had an average incrementation from $136,486 to $150,817. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $175,496 they are 36 % more affordable than the average price for Ford City. The properties with the highest average price have 4 bedrooms, Their price is 86 % more costly than the average. After that we have properties with 3 bedrooms priced at $181,519.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $112 / sq.feet price in Ford City. The properties with the highest average prices have 1 bedroom. They are 105 % more expensive than the average followed by properties with 3 bedrooms with a price at $110 / sq.feet.
With regard to the average price based upon the property in Ford City we can see that the cheapest property type is "House" at a price of $175,496, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable 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 $112 / sq.feet. "House" with an average cost of $112 / sq.feet has the lowest price and would be directed at less affluent cities.