The prices in real estate in Furlong, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Furlong has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $1,580. In the following month the price per sq.feet decreased considerably to $1,223. The price for the following two months in (March, April) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $1,164.5 to $246.5 during May, and June.
Based upon to the price in Furlong (cities), this has gone up considerably in the last 6 months. The average price for January is $589,015. During February the price had a slight fall till $537,694. During the following two months (March, April) the average price had a considerable increase of 148 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $802,251 they are 20 % more affordable than the average price for Furlong. The properties with the highest average price have 1 bedroom, Their price is 9 % more costly than the average. After that we have properties with 2 bedrooms priced at $639,031.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $243 / sq.feet price in Furlong. The properties with the lowest average prices have 1 bedroom. They are 28 % cheaper than the average followed by properties with 2 bedrooms with a price at $152 / sq.feet.
With regard to the average price based upon the property in Furlong we can see that the cheapest property type is "House" at a price of $639,031, they are 20 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 20 % 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 $152 / sq.feet. "House" with an average cost of $152 / sq.feet has the lowest price and would be directed at less affluent cities.