The prices in real estate in Mohnton, 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 Mohnton has increased strongly during the last 6 months. In May, the average price per sq.feet was $117. In the following month the price per sq.feet increased considerably to $135. In the following two months the price per sq.feet has barely changed, going from $126 to $129 per sq.feet. The price per sq.feet has increased 114 % 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 $127.5 to $145.5 during September, and October.
Based upon to the price in Mohnton (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $391,506. During June the price went through a considerable rise reaching $561,504. During the following two months (July, August) the average price had a considerable increase of 118 % 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 $519,475.75 to $389,807.5, which means a 75 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 29 % cheaper than the average price of $297,117 in Mohnton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 27 % cheaper than the average price of ($107 / sq.feet) in Mohnton. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 27 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $420,760 it is 29 % cheaper than the average price in Mohnton. "Condo" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "Condo". At a price of $319,229 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $65 / sq.feet followed by "Condo" priced at $86 / sq.feet. "House" is the cheapest type of property with a $107 / sq.feet value followed by "Condo" with an average price of $86 / sq.feet.