The prices in real estate in Macungie, 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 Macungie has fallen in the last 6 months. In May, the average price per sq.feet was $149. In the following month the price per sq.feet decreased to $132. The price for the following two months in (July, August) decreased 92 % with regard to the prior two months. The price per sq.feet has increased 106 % 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 $134.75 to $142.5 during September, and October.
Based upon to the price in Macungie (cities), these have remained the same in the last 6 months. The average price for May is $302,456. During June the price had a slight fall till $277,295. During the following two months (July, August) the average price fell 90 % 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 117 % 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 $366,806 they are 45 % more affordable than the average price for Macungie. The properties with the lowest average price have 1 bedroom, Their price is 44 % cheaper than the average. After that we have properties with 3 bedrooms priced at $202,712.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $297 / sq.feet, with an average $152 / sq.feet price in Macungie. The properties with the highest average prices have 1 bedroom. They are 99 % more expensive than the average followed by properties with 3 bedrooms with a price at $297 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $366,806 it is 47 % cheaper than the average price in Macungie. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $202,509 it is 45 % 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 $90 / sq.feet followed by "Townhouse" priced at $296 / sq.feet. "Apartment" is the most costly type of property with a $297 / sq.feet cost followed by "Townhouse" with an average price of $296 / sq.feet.