The prices in real estate in Lake Harmony, 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 Harmony has increased strongly during the last 6 months. In October, the average price per sq.feet was $191. In November this price pretty much remained the same at a value of $195 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $193 to $211.5 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $202.25 to $255.5 during February, and March.
Based upon to the price in Lake Harmony (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $385,596. In November This price remains at $401,875. During the following two months (December, January) the average price had a considerable increase of 123 % 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 157 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $815,650 they are 88 % more affordable than the average price for Lake Harmony. The properties with the lowest average price have 3 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 4 bedrooms priced at $384,935.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $107 / sq.feet, with an average $262 / sq.feet price in Lake Harmony. The properties with the highest average prices have 3 bedrooms. They are 46 % more expensive than the average followed by properties with 4 bedrooms with a price at $185 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $815,650 it is 72 % cheaper than the average price in Lake Harmony. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $251,388 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $105 / sq.feet followed by "Townhouse" priced at $106 / sq.feet. "House" is the cheapest type of property with a $207 / sq.feet value followed by "Townhouse" with an average price of $106 / sq.feet.