The prices in real estate in Marcus Hook, 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 Marcus Hook has increased strongly during the last 6 months. In May, the average price per sq.feet was $71. In the following month the price per sq.feet increased considerably to $6,487. The price for the following two months in (July, August) had a considerable increment of 369 %. The price per sq.feet has had a considerable deflation of 46 % 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 $7,686 to $3,555.5 during September, and October.
Based upon to the price in Marcus Hook (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $89,033. During June the price went through a considerable rise reaching $110,592. During the following two months (July, August) the average price had a considerable increase of 152 % 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 130 % 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 $164,704 they are 36 % more affordable than the average price for Marcus Hook. The properties with the lowest average price have 4 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 1 bedroom priced at $105,467.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $64 / sq.feet, with an average $2,120 / sq.feet price in Marcus Hook. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $64 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $164,704 it is 19 % cheaper than the average price in Marcus Hook. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $133,141 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $54 / sq.feet followed by "House" priced at $72 / sq.feet. "House" is the cheapest type of property with a $72 / sq.feet value followed by "Duplex" with an average price of $54 / sq.feet.