The prices in real estate in Montoursville, 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 Montoursville has increased strongly during the last 6 months. In October, the average price per sq.feet was $678. In the following month the price per sq.feet decreased considerably to $231. The price for the following two months in (December, January) had a considerable increment of 236 %. The price per sq.feet has had a considerable increase of 492 % 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 $763.75 to $3,760.5 during February, and March.
Based upon to the price in Montoursville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $272,467. During November the price went through a considerable rise reaching $338,364. In the following two months the average price has remained the same with regard to the previous two months from $305,415.5 to $311,176.5. 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 $308,296 and $305,083.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $301,625 they are 35 % more affordable than the average price for Montoursville. The properties with the lowest average price have 1 bedroom, Their price is 28 % cheaper than the average. After that we have properties with 2 bedrooms priced at $194,563.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $63 / sq.feet, with an average $3,844 / sq.feet price in Montoursville. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $63 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $301,625 it is 46 % cheaper than the average price in Montoursville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $162,701 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $63 / sq.feet followed by "Duplex" priced at $1,920 / sq.feet. "Duplex" is the cheapest type of property with a $1,920 / sq.feet value followed by "House" with an average price of $63 / sq.feet.