The prices in real estate in Jeannette, in the Pennsylvania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Jeannette has fallen in the last 6 months. In August, the average price per sq.feet was $170. In the following month the price per sq.feet decreased considerably to $128. In the following two months the price per sq.feet has increased 108 %, going from $149 to $161 per sq.feet. The price per sq.feet has increased 105 % 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 $155 to $163 during December, and January.
Based upon to the price in Jeannette (cities), this has gone up in the last 6 months. The average price for August is $256,771. During September the price had a considerable reduction till $214,749. During the following two months (October, November) the average price had a considerable increase of 121 % 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 gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $320,365 they are 11 % more affordable than the average price for Jeannette. The properties with the highest average price have 1 bedroom, Their price is 3 % more costly than the average. After that we have properties with 2 bedrooms priced at $284,972.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $140 / sq.feet, with an average $166 / sq.feet price in Jeannette. The properties with the lowest average prices have 1 bedroom. They are 7 % cheaper than the average followed by properties with 2 bedrooms with a price at $140 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $320,365 it is 56 % 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 $228,638 it is 11 % 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 $119 / sq.feet followed by "House" priced at $140 / sq.feet. "Multi Family House" is the most costly type of property with a $979 / sq.feet cost followed by "House" with an average price of $140 / sq.feet.