The prices in real estate in Glenmoore, 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 Glenmoore has increased strongly during the last 6 months. In October, the average price per sq.feet was $259. In the following month the price per sq.feet decreased to $238. The price for the following two months in (December, January) had a considerable increment of 320 %. The price per sq.feet has had a considerable increase of 817 % 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 $521.5 to $4,258.5 during February, and March.
Based upon to the price in Glenmoore (cities), these have remained the same in the last 6 months. The price in October is $741,132, rising in November till $811,834. In the following two months the average price has remained the same with regard to the previous two months from $776,483 to $785,909. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $781,196 to $730,457.5 in 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 $741,474 they are 54 % more affordable than the average price for Glenmoore. The properties with the lowest average price have 3 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 4 bedrooms priced at $576,862.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $1,660 / sq.feet price in Glenmoore. The properties with the highest average prices have 2 bedrooms. They are 16 % more expensive than the average followed by properties with 1 bedroom with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $741,474 it is 40 % cheaper than the average price in Glenmoore. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $441,189 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $73 / sq.feet followed by "House" priced at $128 / sq.feet. "House" is the cheapest type of property with a $128 / sq.feet value followed by "Farm" with an average price of $73 / sq.feet.