The prices in real estate in Hazleton, in the Pennsylvania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Hazleton has fallen in the last 6 months. In November, the average price per sq.feet was $373. In the following month the price per sq.feet increased to $410. The price for the following two months in (January, February) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $359.75 to $274.5 during March, and April.
Based upon to the price in Hazleton (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $199,652. In December This price remains at $201,158. In the following two months the average price has remained the same with regard to the previous two months from $200,405 to $193,255. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $252,668 they are 37 % more affordable than the average price for Hazleton. The properties with the lowest average price have 1 bedroom, Their price is 36 % cheaper than the average. After that we have properties with 2 bedrooms priced at $160,875.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $149 / sq.feet price in Hazleton. The properties with the lowest average prices have 1 bedroom. They are 29 % cheaper than the average followed by properties with 2 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $252,668 it is 46 % cheaper than the average price in Hazleton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $136,549 it is 37 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $86 / sq.feet. "House" with an average cost of $86 / sq.feet has the lowest price and would be directed at less affluent cities.