The prices in real estate in Hermitage, 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 Hermitage has increased strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $100. The price for the following two months in (September, October) had a considerable increment of 133 %. The price per sq.feet has decreased 88 % 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 $58.25 to $51 during November, and December.
Based upon to the price in Hermitage (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching $116,175. During the following two months (September, October) the average price had a considerable increase of 153 % 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 156 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $120,145 they are 64 % more expensive than the average price for Hermitage. Following this ranking we find those properties with 1 at an average price of $197,263. The properties with the highest average price have 1 bedroom, Their price is 64 % more costly than the average. After that we have properties with 3 bedrooms priced at $197,065.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $79 / sq.feet, with an average $48 / sq.feet price in Hermitage. The properties with the highest average prices have 1 bedroom. They are 67 % more expensive than the average followed by properties with 3 bedrooms with a price at $79 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $120,145 it is 64 % more expensive than the average price in Hermitage. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $196,867 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $78 / sq.feet followed by "Apartment" priced at $79 / sq.feet. "Apartment" is the most costly type of property with a $79 / sq.feet cost followed by "Townhouse" with an average price of $78 / sq.feet.