The prices in real estate in Hellertown, 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 Hellertown has increased strongly during the last 6 months. In March, the average price per sq.feet was $209. In the following month the price per sq.feet decreased considerably to $165. The price for the following two months in (May, June) had a considerable increment of 482 %. The price per sq.feet has had a considerable increase of 888 % 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 $543.75 to $4,827.5 during July, and August.
Based upon to the price in Hellertown (cities), this has gone downing the last 6 months. The average price for March is $474,125. During April the price had a considerable reduction till $390,271. In the following two months the average price has remained the same with regard to the previous two months from $432,198 to $416,207.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $424,202.75 and $423,344.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $446,850 they are 10 % more affordable than the average price for Hellertown. The properties with the lowest average price have 1 bedroom, Their price is 10 % cheaper than the average. After that we have properties with 2 bedrooms priced at $400,326.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $3,823 / sq.feet price in Hellertown. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $156 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $446,850 it is 10 % cheaper than the average price in Hellertown. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial Property". At a price of $400,907 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $81 / sq.feet followed by "Condo" priced at $94 / sq.feet. "House" is the cheapest type of property with a $156 / sq.feet value followed by "Condo" with an average price of $94 / sq.feet.