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 October, the average price per sq.feet was $6,556. In the following month the price per sq.feet increased considerably to $30,415. The price for the following two months in (December, January) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable increase of 170 % 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 $11,978.5 to $20,307 during February, and March.
Based upon to the price in Green Lane (cities), this has fallen considerably in the last 6 months. The average price for October is $451,063. During November the price had a considerable reduction till $266,256. During the following two months (December, January) the average price had a considerable reduction of 53 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $274,862.75 and $281,865 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 4 % cheaper than the average price of $335,324 in Green Lane. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 4 % 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 ($116 / 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 $347,563 it is 4 % 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 $380,747 it is 10 % 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 $116 / sq.feet followed by "Commercial Property" priced at $204 / sq.feet. "Apartment" is the cheapest type of property with a $207 / sq.feet value followed by "Commercial Property" with an average price of $204 / sq.feet.