The prices in real estate in Long Pond, 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 Long Pond has increased strongly during the last 6 months. In August, the average price per sq.feet was $107. In September this price pretty much remained the same at a value of $104 per sq.feet. The price for the following two months in (October, November) had a considerable increment of 122 %. The price per sq.feet has had a considerable increase of 118 % 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 $117.25 to $138 during December, and January.
Based upon to the price in Long Pond (cities), this has gone up considerably in the last 6 months. The average price for August is $230,392. During September the price had a considerable reduction till $179,742. During the following two months (October, November) the average price had a considerable increase of 148 % 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 134 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 34 % cheaper than the average price of $217,856 in Long Pond. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 40 % cheaper than the average price of ($81 / sq.feet) in Long Pond. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 40 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $330,781 it is 44 % cheaper than the average price in Long Pond. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $184,798 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $76 / sq.feet followed by "House" priced at $81 / sq.feet. "House" is the cheapest type of property with a $81 / sq.feet value followed by "Townhouse" with an average price of $76 / sq.feet.