The prices in real estate in Lake Ariel, 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 Lake Ariel has increased strongly during the last 6 months. In December, the average price per sq.feet was $116. In the following month the price per sq.feet increased to $123. The price for the following two months in (February, March) had a considerable increment of 123 %. The price per sq.feet has increased 115 % 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 $133 to $152.5 during April, and May.
Based upon to the price in Lake Ariel (cities), this has gone up considerably in the last 6 months. The average price for December is $250,945. During January the price had a slight fall till $237,294. During the following two months (February, March) the average price had a considerable increase of 120 % 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 116 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 47 % cheaper than the average price of $167,972 in Lake Ariel. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 47 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % cheaper than the average price of ($66 / sq.feet) in Lake Ariel. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 57 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $318,434 it is 47 % cheaper than the average price in Lake Ariel. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $167,972 it is 39 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $66 / sq.feet followed by "Townhouse" priced at $161 / sq.feet. "Townhouse" is the most costly type of property with a $161 / sq.feet cost followed by "House" with an average price of $66 / sq.feet.