The prices in real estate in Mckeesport, 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 Mckeesport has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $43. In the following month the price per sq.feet decreased considerably to $29. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has increased 115 % 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 $27 to $31 during February, and March.
Based upon to the price in Mckeesport (cities), this has fallen considerably in the last 6 months. The average price for October is $108,596. During November the price had a considerable reduction till $70,419. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $84,889 to $64,291, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $53,300 they are 91 % more expensive than the average price for Mckeesport. Following this ranking we find those properties with 2 at an average price of $110,627. The properties with the highest average price have 4 bedrooms, Their price is 174 % more costly than the average. After that we have properties with 3 bedrooms priced at $129,955.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $22 / sq.feet, with an average $40 / sq.feet price in Mckeesport. The properties with the highest average prices have 1 bedroom. They are 143 % more expensive than the average followed by properties with 2 bedrooms with a price at $76 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $53,300 it is 42 % cheaper than the average price in Mckeesport. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $30,993 it is 114 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $40 / sq.feet followed by "Land" priced at $228 / sq.feet. "Land" is the most costly type of property with a $228 / sq.feet cost followed by "House" with an average price of $40 / sq.feet.