The prices in real estate in Manheim, 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 Manheim has increased strongly during the last 6 months. In October, the average price per sq.feet was $251. In the following month the price per sq.feet decreased to $232. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 742 % 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 $226.25 to $1,678 during February, and March.
Based upon to the price in Manheim (cities), this has gone downing the last 6 months. The average price for October is $650,396. During November the price had a slight fall till $584,856. During the following two months (December, January) the average price had a considerable reduction of 72 % 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 131 % 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 $572,402 they are 76 % more affordable than the average price for Manheim. The properties with the lowest average price have 4 bedrooms, Their price is 40 % cheaper than the average. After that we have properties with 3 bedrooms priced at $206,443.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $39 / sq.feet, with an average $1,550 / sq.feet price in Manheim. The properties with the lowest average prices have 3 bedrooms. They are 94 % cheaper than the average followed by properties with 2 bedrooms with a price at $87 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $572,402 it is 53 % cheaper than the average price in Manheim. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $294,807 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $53 / sq.feet followed by "Duplex" priced at $55 / sq.feet. "Townhouse" is the cheapest type of property with a $95 / sq.feet value followed by "House" with an average price of $85 / sq.feet.