The prices in real estate in Hummelstown, 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 Hummelstown has increased strongly during the last 6 months. In November, the average price per sq.feet was $192. In December this price pretty much remained the same at a value of $188 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 2320 %. The price per sq.feet has had a considerable deflation of 69 % 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 $2,299.25 to $1,582.5 during March, and April.
Based upon to the price in Hummelstown (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $545,029. In December This price remains at $539,547. In the following two months the average price has remained the same with regard to the previous two months from $542,288 to $528,887. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $535,587.5 to $466,604 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $494,083 they are 61 % more affordable than the average price for Hummelstown. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 4 bedrooms priced at $435,318.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $95 / sq.feet, with an average $190 / sq.feet price in Hummelstown. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 2 bedrooms with a price at $105 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $494,083 it is 48 % cheaper than the average price in Hummelstown. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Duplex". At a price of $349,007 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $63 / sq.feet followed by "Farm" priced at $67 / sq.feet. "Apartment" is the cheapest type of property with a $105 / sq.feet value followed by "House" with an average price of $77 / sq.feet.