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 April, the average price per sq.feet was $255. In the following month the price per sq.feet decreased considerably to $95. The price for the following two months in (June, July) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $139.25 to $126 during August, and September.
Based upon to the price in Honesdale (cities), this has fallen considerably in the last 6 months. The average price for April is $462,400. During May the price had a considerable reduction till $257,297. During the following two months (June, July) the average price had a considerable reduction of 76 % with regard to the previous two months. 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 $317,412 and $322,429.5 between August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 35 % cheaper than the average price of $202,142 in Honesdale. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 50 % cheaper than the average price of ($63 / 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 50 % 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 $202,142, they are 35 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 35 % 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 $63 / sq.feet. "House" with an average cost of $63 / sq.feet has the lowest price and would be directed at less affluent cities.