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 October, the average price per sq.feet was $1,308. In the following month the price per sq.feet decreased considerably to $158. The price for the following two months in (December, January) had a considerable increment of 174 %. The price per sq.feet has had a considerable increase of 406 % 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 $1,005.75 to $4,083.5 during February, and March.
Based upon to the price in Gap (cities), this has gone up considerably in the last 6 months. The price in October is $354,465, rising in November till $400,083. During the following two months (December, January) the average price had a considerable increase of 130 % 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 $434,058.75 and $428,609.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $423,856 they are 39 % more affordable than the average price for Gap. The properties with the lowest average price have 1 bedroom, Their price is 38 % cheaper than the average. After that we have properties with 2 bedrooms priced at $259,929.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $91 / sq.feet, with an average $5,649 / sq.feet price in Gap. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $91 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $423,856 it is 39 % cheaper than the average price in Gap. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial". At a price of $265,985 it is 32 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $52 / sq.feet followed by "Apartment" priced at $54 / sq.feet. "House" is the cheapest type of property with a $91 / sq.feet value followed by "Apartment" with an average price of $54 / sq.feet.
