The prices in real estate in Mercersburg, 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 Mercersburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $115. In the following month the price per sq.feet increased to $124. In the following two months the price per sq.feet has increased 110 %, going from $119.5 to $131 per sq.feet. The price per sq.feet has had a considerable increase of 120 % 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 $125.25 to $150.5 during March, and April.
Based upon to the price in Mercersburg (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $244,662. In December This price remains at $251,104. In the following two months the average price has remained the same with regard to the previous two months from $247,883 to $253,335.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 38 % cheaper than the average price of $193,138 in Mercersburg. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 54 % cheaper than the average price of ($69 / sq.feet) in Mercersburg. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 54 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Mercersburg we can see that the cheapest property type is "House" at a price of $193,138, they are 38 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 38 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $69 / sq.feet. "House" with an average cost of $69 / sq.feet has the lowest price and would be directed at less affluent cities.