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 February, the average price per sq.feet was $1,072. In the following month the price per sq.feet decreased to $927. The price for the following two months in (April, May) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $896.25 to $675.5 during June, and July.
Based upon to the price in Hawley (cities), this has gone up considerably in the last 6 months. The price in February is $163,852, rising in March till $175,798. During the following two months (April, May) the price has had an average incrementation from $169,825 to $183,580.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $198,772 they are 74 % more affordable than the average price for Hawley. The properties with the highest average price have 4 bedrooms, Their price is 71 % more costly than the average. After that we have properties with 3 bedrooms priced at $209,944.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $492 / sq.feet, with an average $703 / sq.feet price in Hawley. The properties with the highest average prices have 3 bedrooms. They are 73 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,159 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $198,772 it is 76 % 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 $245,697 it is 507 % 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 $101 / sq.feet followed by "Land" priced at $202 / sq.feet. "Commercial" is the most costly type of property with a $2,225 / sq.feet cost followed by "House" with an average price of $853 / sq.feet.