The prices in real estate in Green Lane, 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 Green Lane has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $138. In January this price pretty much remained the same at a value of $141 per sq.feet. The price for the following two months in (February, March) had a considerable decrease of 44 with regard to the prior two months. The price per sq.feet has had a considerable increase of 130 % 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 $100.25 to $130.5 during April, and May.
Based upon to the price in Green Lane (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $348,964. In January This price remains at $343,831. During the following two months (February, March) the average price had a considerable reduction of 43 % 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 132 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 6 % more costly than the average price of $342,799 in Green Lane. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 6 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 7 % more costly than the average price of ($138 / sq.feet) in Green Lane. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 7 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $324,788 it is 6 % more expensive than the average price in Green Lane. "Commercial Property" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Commercial Property". At a price of $389,232 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $138 / sq.feet followed by "Commercial Property" priced at $226 / sq.feet. "Apartment" is the most costly type of property with a $229 / sq.feet cost followed by "Commercial Property" with an average price of $226 / sq.feet.