The prices in real estate in Jim Thorpe, in the Pennsylvania region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Jim Thorpe has increased during the last 6 months. In October, the average price per sq.feet was $5,103. In the following month the price per sq.feet decreased considerably to $721. In the following two months the price per sq.feet has increased 113 %, going from $2,912 to $3,296 per sq.feet. The price per sq.feet has had a considerable increase of 320 % 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 $3,104 to $9,926 during February, and March.
Based upon to the price in Jim Thorpe (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $211,659. During November the price went through a considerable rise reaching $328,309. During the following two months (December, January) the price has had an average incrementation from $269,984 to $285,960.5. During the last two months the average price has had a strong fall compared to the previous four going from $277,972.25 to $210,639, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $200,052 they are 31 % more expensive than the average price for Jim Thorpe. Following this ranking we find those properties with 2 at an average price of $272,745. The properties with the highest average price have 4 bedrooms, Their price is 119 % more costly than the average. After that we have properties with 3 bedrooms priced at $324,334.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $161 / sq.feet, with an average $10,181 / sq.feet price in Jim Thorpe. The properties with the lowest average prices have 4 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $197 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $200,052 it is 29 % cheaper than the average price in Jim Thorpe. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $192,312 it is 68 % 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 $60 / sq.feet followed by "Condo" priced at $101 / sq.feet. "House" is the cheapest type of property with a $160 / sq.feet value followed by "Condo" with an average price of $101 / sq.feet.