The prices in real estate in Lake Ariel, 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 Lake Ariel has remained the same in the last 6 months. In October, the average price per sq.feet was $3,898. In November this price pretty much remained the same at a value of $3,855 per sq.feet. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has increased 111 % 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 $3,629.5 to $4,044 during February, and March.
Based upon to the price in Lake Ariel (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $333,856. In November This price remains at $343,265. During the following two months (December, January) the average price fell 93 % 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 85 %, going from $326,339 to $278,558.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $282,103 they are 18 % more affordable than the average price for Lake Ariel. The properties with the highest average price have 4 bedrooms, Their price is 64 % more costly than the average. After that we have properties with 3 bedrooms priced at $315,655.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $860 / sq.feet, with an average $4,303 / sq.feet price in Lake Ariel. The properties with the lowest average prices have 1 bedroom. They are 10 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,757 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $282,103 it is 86 % cheaper than the average price in Lake Ariel. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $367,547 it is 74 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $198 / sq.feet followed by "Land" priced at $674 / sq.feet. "House" is the cheapest type of property with a $3,769 / sq.feet value followed by "Land" with an average price of $674 / sq.feet.