Property prices for sale in Kennett Square (Pennsylvania)
The prices in real estate in Kennett Square, 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 Kennett Square has increased during the last 6 months. In November, the average price per sq.feet was $257. In the following month the price per sq.feet decreased to $234. The price for the following two months in (January, February) had a considerable increment of 134 %. The price per sq.feet has decreased 94 % 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 $287 to $270.5 during March, and April.
Based upon to the price in Kennett Square (cities), these have remained the same in the last 6 months. The average price for November is $846,138. During December the price had a considerable reduction till $695,327. During the following two months (January, February) the average price had a considerable increase of 117 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $836,419.75 to $776,429.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $775,405 they are 56 % more affordable than the average price for Kennett Square. The properties with the lowest average price have 2 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 4 bedrooms priced at $506,092.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $253 / sq.feet price in Kennett Square. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $123 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $775,405 it is 60 % cheaper than the average price in Kennett Square. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Commercial Property". At a price of $472,884 it is 39 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $88 / sq.feet followed by "Apartment" priced at $94 / sq.feet. "Commercial" is the cheapest type of property with a $127 / sq.feet value followed by "Commercial Property" with an average price of $120 / sq.feet.
