The prices in real estate in Kutztown, in the Pennsylvania region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Kutztown has increased strongly during the last 6 months. In October, the average price per sq.feet was $101. In the following month the price per sq.feet increased considerably to $118. The price for the following two months in (December, January) had a considerable increment of 122 %. The price per sq.feet has had a considerable increase of 116 % 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 $121.75 to $141 during February, and March.
Based upon to the price in Kutztown (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $242,998. During November the price went through a considerable rise reaching $390,898. During the following two months (December, January) the average price had a considerable increase of 130 % 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 124 % 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 $491,100 they are 54 % more affordable than the average price for Kutztown. The properties with the lowest average price have 1 bedroom, Their price is 54 % cheaper than the average. After that we have properties with 2 bedrooms priced at $223,641.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $148 / sq.feet price in Kutztown. The properties with the lowest average prices have 1 bedroom. They are 30 % cheaper than the average followed by properties with 2 bedrooms with a price at $93 / sq.feet.
With regard to the average price based upon the property in Kutztown we can see that the cheapest property type is "House" at a price of $223,641, they are 54 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 54 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $93 / sq.feet. "House" with an average cost of $93 / sq.feet has the lowest price and would be directed at less affluent cities.