The prices in real estate in Lock Haven, 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 Lock Haven has increased strongly during the last 6 months. In November, the average price per sq.feet was $123. In the following month the price per sq.feet decreased to $113. The price for the following two months in (January, February) had a considerable increment of 897 %. The price per sq.feet has had a considerable deflation of 51 % 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 $588.5 to $301 during March, and April.
Based upon to the price in Lock Haven (cities), these have remained the same in the last 6 months. The average price for November is $236,196. During December the price had a slight fall till $211,232. During the following two months (January, February) the average price fell 91 % 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 123 % 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 $313,946 they are 50 % more affordable than the average price for Lock Haven. The properties with the lowest average price have 3 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 4 bedrooms priced at $186,766.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $68 / sq.feet, with an average $136 / sq.feet price in Lock Haven. The properties with the highest average prices have 3 bedrooms. They are 24 % more expensive than the average followed by properties with 4 bedrooms with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $313,946 it is 64 % cheaper than the average price in Lock Haven. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $111,552 it is 34 % 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 $119 / sq.feet followed by "House" priced at $148 / sq.feet. "House" is the most costly type of property with a $148 / sq.feet cost followed by "Condo" with an average price of $119 / sq.feet.