The prices in real estate in Lafayette Hill, in the Pennsylvania region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lafayette Hill has remained the same in the last 6 months. In October, the average price per sq.feet was $260. In November this price pretty much remained the same at a value of $260 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $260 to $280 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $270 to $271 during February y March
Based upon to the price in Lafayette Hill (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $588,436. During November the price went through a considerable rise reaching $822,695. During the following two months (December, January) the average price had a considerable increase of 132 % 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 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $901,894 they are 55 % more affordable than the average price for Lafayette Hill. The properties with the highest average price have 1 bedroom, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $412,430.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $136 / sq.feet, with an average $276 / sq.feet price in Lafayette Hill. The properties with the lowest average prices have 1 bedroom. They are 30 % cheaper than the average followed by properties with 3 bedrooms with a price at $156 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $901,894 it is 56 % cheaper than the average price in Lafayette Hill. "House" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "Apartment". At a price of $404,249 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $124 / sq.feet followed by "Condo" priced at $126 / sq.feet. "Apartment" is the cheapest type of property with a $136 / sq.feet value followed by "House" with an average price of $131 / sq.feet.