The prices in real estate in Hazleton, 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 Hazleton has increased strongly during the last 6 months. In April, the average price per sq.feet was $80. In the following month the price per sq.feet increased to $90. The price for the following two months in (June, July) had a considerable increment of 1035 %. The price per sq.feet has had a considerable deflation of 74 % 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 $482.25 to $358.5 during August, and September.
Based upon to the price in Hazleton (cities), these have remained the same in the last 6 months. The average price for April is $200,800. During May the price had a slight fall till $186,633. During the following two months (June, July) the price has had an average incrementation from $193,716.5 to $205,791. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $208,079 they are 20 % more affordable than the average price for Hazleton. The properties with the lowest average price have 1 bedroom, Their price is 20 % cheaper than the average. After that we have properties with 2 bedrooms priced at $165,460.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $165 / sq.feet price in Hazleton. The properties with the lowest average prices have 1 bedroom. They are 22 % cheaper than the average followed by properties with 2 bedrooms with a price at $124 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $208,079 it is 31 % cheaper than the average price in Hazleton. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $165,460 it is 57 % 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 $29 / sq.feet followed by "House" priced at $124 / sq.feet. "Apartment" is the most costly type of property with a $472 / sq.feet cost followed by "House" with an average price of $124 / sq.feet.