The prices in real estate in Honesdale, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Honesdale has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $126. In the following month the price per sq.feet decreased to $118. The price for the following two months in (November, December) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $104.75 to $84.5 during January, and February.
Based upon to the price in Honesdale (cities), this has fallen considerably in the last 6 months. The average price for September is $312,917. During October the price had a slight fall till $276,519. During the following two months (November, December) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $273,197.25 to $259,088.5 in January and February.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 27 % cheaper than the average price of $201,131 in Honesdale. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 33 % cheaper than the average price of ($58 / sq.feet) in Honesdale. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 33 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Honesdale we can see that the cheapest property type is "House" at a price of $201,131, they are 27 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 27 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $58 / sq.feet. "House" with an average cost of $58 / sq.feet has the lowest price and would be directed at less affluent cities.