Property prices for sale in Jeannette (Pennsylvania)
The prices in real estate in Jeannette, 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 Jeannette has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,907. In the following month the price per sq.feet decreased considerably to $149. The price for the following two months in (May, June) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 28 % 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 $599 to $165.5 during July, and August.
Based upon to the price in Jeannette (cities), this has gone up considerably in the last 6 months. The price in March is $212,137, rising in April till $236,113. During the following two months (May, June) the average price had a considerable increase of 155 % 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 risen strongly 117 % 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 $305,576 they are 63 % more affordable than the average price for Jeannette. The properties with the highest average price have 2 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 4 bedrooms priced at $293,490.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $65 / sq.feet, with an average $153 / sq.feet price in Jeannette. The properties with the highest average prices have 2 bedrooms. They are 1 % more expensive than the average followed by properties with 3 bedrooms with a price at $116 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $305,576 it is 57 % cheaper than the average price in Jeannette. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $240,222 it is 12 % 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 $64 / sq.feet followed by "Land" priced at $85 / sq.feet. "Multi Family House" is the most costly type of property with a $924 / sq.feet cost followed by "House" with an average price of $87 / sq.feet.
