The prices in real estate in Meadville, 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 Meadville has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $98. In the following month the price per sq.feet decreased considerably to $78. The price for the following two months in (September, October) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $79.5 to $70.5 during November, and December.
Based upon to the price in Meadville (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $122,993. In August This price remains at $127,344. In the following two months the average price has remained the same with regard to the previous two months from $125,168.5 to $119,408. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $122,288.25 and $120,973.5 between November and December.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 10 % cheaper than the average price of $103,007 in Meadville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % more costly than the average price of ($69 / sq.feet) in Meadville. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Meadville we can see that the cheapest property type is "Detached House" at a price of $103,007, they are 10 % more affordable than the average price of (!PRECIO2!). "Detached House" has the lowest price. This price is 10 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Detached House with an average price of $69 / sq.feet. "Detached House" at an average price of $69 / sq.feet has the most expensive price and would be directed at more affluent cities.