Property prices for sale in Mars (Pennsylvania)
The prices in real estate in Mars, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Mars has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,954. In the following month the price per sq.feet decreased considerably to $238. The price for the following two months in (December, January) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable increase of 228 % 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 $666.25 to $1,519 during February, and March.
Based upon to the price in Mars (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $693,450. In November This price remains at $703,682. During the following two months (December, January) 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 gone up 113 % 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 $681,313 they are 69 % more affordable than the average price for Mars. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $389,687.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $2,770 / sq.feet price in Mars. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 4 bedrooms with a price at $209 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $681,313 it is 41 % cheaper than the average price in Mars. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $433,039 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $172 / sq.feet followed by "Condo" priced at $191 / sq.feet. "Commercial" is the cheapest type of property with a $294 / sq.feet value followed by "House" with an average price of $199 / sq.feet.
