The prices in real estate in Gillett, 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 Gillett has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $220. In the following month the price per sq.feet increased to $245. The price for the following two months in (October, November) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 64 % 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 $211.5 to $135 during December, and January.
Based upon to the price in Gillett (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $237,200. During September the price went through a considerable rise reaching $339,671. During the following two months (October, November) the price has had an average incrementation from $288,435.5 to $324,230. During the last two months the average price has had a strong fall compared to the previous four going from $306,332.75 to $250,829, which means a 82 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 51 % cheaper than the average price of $143,917 in Gillett. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 51 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 63 % cheaper than the average price of ($50 / sq.feet) in Gillett. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 63 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Gillett we can see that the cheapest property type is "House" at a price of $141,329, they are 52 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 52 % 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 $33 / sq.feet. "House" with an average cost of $33 / sq.feet has the lowest price and would be directed at less affluent cities.