Property prices for sale in Mechanicsburg (Pennsylvania)
The prices in real estate in Mechanicsburg, 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 Mechanicsburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $209. In the following month the price per sq.feet increased to $226. The price for the following two months in (January, February) had a considerable increment of 117 %. The price per sq.feet has had a considerable increase of 206 % 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 $236 to $486 during March, and April.
Based upon to the price in Mechanicsburg (cities), these have remained the same in the last 6 months. The average price for November is $488,000. During December the price had a slight fall till $446,654. During the following two months (January, February) the price has had an average incrementation from $467,327 to $498,531. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $482,929 to $439,146 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $462,977 they are 77 % more affordable than the average price for Mechanicsburg. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $281,963.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $142 / sq.feet, with an average $184 / sq.feet price in Mechanicsburg. The properties with the lowest average prices have 4 bedrooms. They are 7 % cheaper than the average followed by properties with 2 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $462,977 it is 49 % cheaper than the average price in Mechanicsburg. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Apartment". At a price of $460,096 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $72 / sq.feet followed by "Condo" priced at $104 / sq.feet. "Detached House" is the most costly type of property with a $209 / sq.feet cost followed by "Apartment" with an average price of $176 / sq.feet.
