The prices in real estate in Honey Brook, 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 Honey Brook has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $827. In the following month the price per sq.feet decreased considerably to $223. The price for the following two months in (December, January) had a considerable decrease of 39 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 59 % 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 $366 to $216 during February, and March.
Based upon to the price in Honey Brook (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $459,583. In November This price remains at $450,251. In the following two months the average price has remained the same with regard to the previous two months from $454,917 to $432,847. 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 $443,882 and $450,630 between February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 33 % more costly than the average price of $572,130 in Honey Brook. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 33 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % cheaper than the average price of ($160 / sq.feet) in Honey Brook. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $429,285 it is 33 % cheaper than the average price in Honey Brook. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $287,298 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $77 / sq.feet followed by "House" priced at $160 / sq.feet. "House" is the cheapest type of property with a $160 / sq.feet value followed by "Commercial" with an average price of $77 / sq.feet.