The prices in real estate in Green Lane, 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 Green Lane has increased strongly during the last 6 months. In March, the average price per sq.feet was $157. In the following month the price per sq.feet increased considerably to $247. The price for the following two months in (May, June) had a considerable increment of 4362 %. The price per sq.feet has had a considerable increase of 334 % 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 $4,506.5 to $15,049.5 during July, and August.
Based upon to the price in Green Lane (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $340,531. During April the price went through a considerable rise reaching $415,463. During the following two months (May, June) the average price had a considerable reduction of 80 % 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 gone up 114 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 2 % cheaper than the average price of $337,684 in Green Lane. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($123 / sq.feet) in Green Lane. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $342,892 it is 2 % cheaper than the average price in Green Lane. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial Property". At a price of $383,427 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $123 / sq.feet followed by "Commercial Property" priced at $211 / sq.feet. "Apartment" is the cheapest type of property with a $214 / sq.feet value followed by "Commercial Property" with an average price of $211 / sq.feet.