The prices in real estate in Glen Rock, 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 Glen Rock has increased strongly during the last 6 months. In November, the average price per sq.feet was $177. In December this price pretty much remained the same at a value of $175 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 2421 %. The price per sq.feet has had a considerable deflation of 60 % 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 $2,218.75 to $1,322 during March, and April.
Based upon to the price in Glen Rock (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $315,909. During December the price went through a considerable rise reaching $377,839. During the following two months (January, February) the average price had a considerable increase of 124 % 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 157 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $370,240 they are 54 % more affordable than the average price for Glen Rock. The properties with the lowest average price have 1 bedroom, Their price is 53 % cheaper than the average. After that we have properties with 3 bedrooms priced at $171,675.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $34 / sq.feet, with an average $197 / sq.feet price in Glen Rock. The properties with the lowest average prices have 1 bedroom. They are 78 % cheaper than the average followed by properties with 3 bedrooms with a price at $34 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $370,240 it is 54 % cheaper than the average price in Glen Rock. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $171,675 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $34 / sq.feet followed by "Townhouse" priced at $80 / sq.feet. "Townhouse" is the cheapest type of property with a $80 / sq.feet value followed by "House" with an average price of $34 / sq.feet.