The prices in real estate in Lebanon, in the Pennsylvania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Lebanon has fallen in the last 6 months. In March, the average price per sq.feet was $117. In the following month the price per sq.feet decreased to $110. The price for the following two months in (May, June) decreased 93 % with regard to the prior two months. 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 $109.25 to $114.5 during July y August
Based upon to the price in Lebanon (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $223,853. In April This price remains at $226,859. During the following two months (May, June) the average price had a considerable reduction of 83 % 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 gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $226,445 they are 28 % more affordable than the average price for Lebanon. The properties with the highest average price have 1 bedroom, Their price is 28 % more costly than the average. After that we have properties with 4 bedrooms priced at $275,185.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $111 / sq.feet price in Lebanon. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $124 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $226,445 it is 24 % cheaper than the average price in Lebanon. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $171,039 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $93 / sq.feet followed by "House" priced at $133 / sq.feet. "House" is the most costly type of property with a $133 / sq.feet cost followed by "Townhouse" with an average price of $93 / sq.feet.