The prices in real estate in Hershey, 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 Hershey has increased strongly during the last 6 months. In April, the average price per sq.feet was $122. In May this price pretty much remained the same at a value of $125 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 122 %. The price per sq.feet has increased 109 % 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 $137 to $150 during August, and September.
Based upon to the price in Hershey (cities), this has gone up considerably in the last 6 months. The price in April is $356,375, rising in May till $380,426. During the following two months (June, July) the average price had a considerable increase of 124 % 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 gone up 115 % 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 $544,519 they are 63 % more affordable than the average price for Hershey. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $306,988.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $113 / sq.feet, with an average $154 / sq.feet price in Hershey. The properties with the lowest average prices have 2 bedrooms. They are 4 % cheaper than the average followed by properties with 3 bedrooms with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $544,519 it is 54 % cheaper than the average price in Hershey. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $369,425 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $97 / sq.feet followed by "Condo" priced at $117 / sq.feet. "House" is the cheapest type of property with a $142 / sq.feet value followed by "Condo" with an average price of $117 / sq.feet.