Property prices for sale in Gap (Pennsylvania)
The prices in real estate in Gap, 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 Gap has increased strongly during the last 6 months. In September, the average price per sq.feet was $116. In the following month the price per sq.feet increased considerably to $146. The price for the following two months in (November, December) had a considerable increment of 134 %. The price per sq.feet has decreased 94 % 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 $153.5 to $145 during January, and February.
Based upon to the price in Gap (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $232,756. During October the price went through a considerable rise reaching $279,018. During the following two months (November, December) the average price had a considerable increase of 144 % 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 $312,699.75 to $258,071.5, which means a 83 % 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 $194,452 they are 35 % more expensive than the average price for Gap. Following this ranking we find those properties with 1 at an average price of $264,662. The properties with the highest average price have 1 bedroom, Their price is 36 % more costly than the average. After that we have properties with 2 bedrooms priced at $263,339.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $113 / sq.feet price in Gap. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 2 bedrooms with a price at $104 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $194,452 it is 35 % more expensive than the average price in Gap. "Commercial" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $269,474 it is 51 % 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 $65 / sq.feet followed by "Apartment" priced at $67 / sq.feet. "House" is the cheapest type of property with a $104 / sq.feet value followed by "Apartment" with an average price of $67 / sq.feet.
