The prices in real estate in Latrobe, 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 Latrobe has increased strongly during the last 6 months. In April, the average price per sq.feet was $122. In the following month the price per sq.feet increased considerably to $148. The price for the following two months in (June, July) had a considerable increment of 116 %. The price per sq.feet has decreased 94 % 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 $145.5 to $136.5 during August, and September.
Based upon to the price in Latrobe (cities), this has fallen considerably in the last 6 months. The average price for April is $311,486. During May the price had a slight fall till $268,718. In the following two months the average price has remained the same with regard to the previous two months from $290,102 to $293,456.5. During the last two months the average price has had a strong fall compared to the previous four going from $291,779.25 to $214,515, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $227,000 they are 4 % more expensive than the average price for Latrobe. Following this ranking we find those properties with 4 at an average price of $266,718. The properties with the highest average price have 3 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 4 bedrooms priced at $266,718.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $67 / sq.feet, with an average $128 / sq.feet price in Latrobe. The properties with the highest average prices have 4 bedrooms. They are 1795 % more expensive than the average followed by properties with 3 bedrooms with a price at $97 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most costly one. At an cost of $227,000 it is 17 % more expensive than the average price in Latrobe. "Duplex" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "House". At a price of $266,718 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $112 / sq.feet followed by "Office" priced at $2,401 / sq.feet. "House" is the most costly type of property with a $2,425 / sq.feet cost followed by "Duplex" with an average price of $2,419 / sq.feet.