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 November, the average price per sq.feet was $1,202. In the following month the price per sq.feet decreased considerably to $195. The price for the following two months in (January, February) had a considerable increment of 637 %. The price per sq.feet has had a considerable deflation of 29 % 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 $2,573.5 to $739 during March, and April.
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 November, is $360,878. During December the price went through a considerable rise reaching $419,209. During the following two months (January, February) the average price had a considerable increase of 117 % 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 144 % 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 $731,332 they are 70 % more affordable than the average price for Kutztown. The properties with the lowest average price have 1 bedroom, Their price is 70 % cheaper than the average. After that we have properties with 2 bedrooms priced at $216,579.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $203 / sq.feet price in Kutztown. The properties with the lowest average prices have 1 bedroom. They are 63 % cheaper than the average followed by properties with 2 bedrooms with a price at $61 / sq.feet.
With regard to the average price based upon the property in Kutztown we can see that the cheapest property type is "Apartment" at a price of $216,579, they are 70 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 70 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $61 / sq.feet. "Apartment" with an average cost of $61 / sq.feet has the lowest price and would be directed at less affluent cities.