Property prices for sale in Hamburg (Pennsylvania)
The prices in real estate in Hamburg, 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 Hamburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $167. In the following month the price per sq.feet increased considerably to $199. The price for the following two months in (January, February) had a considerable increment of 410 %. The price per sq.feet has had a considerable deflation of 39 % 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 $467 to $181.5 during March, and April.
Based upon to the price in Hamburg (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $326,672. In December This price remains at $321,865. During the following two months (January, February) the average price had a considerable increase of 130 % with regard to the previous two months. 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 $372,863 to $349,535.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $390,121 they are 71 % more affordable than the average price for Hamburg. The properties with the highest average price have 1 bedroom, Their price is 36 % more costly than the average. After that we have properties with 4 bedrooms priced at $309,369.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $6 / sq.feet, with an average $173 / sq.feet price in Hamburg. The properties with the lowest average prices have 3 bedrooms. They are 43 % cheaper than the average followed by properties with 4 bedrooms with a price at $87 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $390,121 it is 52 % cheaper than the average price in Hamburg. "House" is seen as the second most affordable property type. The cheapest type property is "Mobile Home" followed by "House". At a price of $274,981 it is 28 % 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 $45 / sq.feet followed by "House" priced at $87 / sq.feet. "House" is the cheapest type of property with a $87 / sq.feet value followed by "Farm" with an average price of $45 / sq.feet.
