The prices in real estate in Hawley, 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 Hawley has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $936. In the following month the price per sq.feet decreased considerably to $569. The price for the following two months in (November, December) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 30 % 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 $433.5 to $128.5 during January, and February.
Based upon to the price in Hawley (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $149,496. During October the price went through a considerable rise reaching $217,934. During the following two months (November, December) the average price had a considerable increase of 136 % 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 displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $282,079 they are 72 % more affordable than the average price for Hawley. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $214,037.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $124 / sq.feet price in Hawley. The properties with the highest average prices have 1 bedroom. They are 860 % more expensive than the average followed by properties with 3 bedrooms with a price at $133 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $282,079 it is 88 % cheaper than the average price in Hawley. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $236,552 it is 325 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $94 / sq.feet followed by "Land" priced at $143 / sq.feet. "Commercial" is the most costly type of property with a $2,204 / sq.feet cost followed by "House" with an average price of $749 / sq.feet.