The prices in real estate in Jeannette, in the Pennsylvania region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Jeannette has remained the same in the last 6 months. In February, the average price per sq.feet was $171. In March this price pretty much remained the same at a value of $176 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $173.5 to $177 per sq.feet. The price per sq.feet has had a considerable deflation of 84 % 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 $175.25 to $147 during June, and July.
Based upon to the price in Jeannette (cities), this has gone downing the last 6 months. In our first sample month during February, the average price is $317,437. In March This price remains at $316,263. In the following two months the average price has remained the same with regard to the previous two months from $316,850 to $310,979.5. During the last two months the average price has had a strong fall compared to the previous four going from $313,914.75 to $259,614, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $285,542 they are 1 % more affordable than the average price for Jeannette. The properties with the highest average price have 1 bedroom, Their price is 14 % more costly than the average. After that we have properties with 2 bedrooms priced at $283,264.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $148 / sq.feet price in Jeannette. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $134 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $285,542 it is 51 % cheaper than the average price in Jeannette. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $227,267 it is 1 % 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 $113 / sq.feet followed by "House" priced at $134 / sq.feet. "Multi Family House" is the most costly type of property with a $973 / sq.feet cost followed by "House" with an average price of $134 / sq.feet.