The prices in real estate in Myerstown, 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 Myerstown has increased strongly during the last 6 months. In November, the average price per sq.feet was $171. In December this price pretty much remained the same at a value of $165 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 133 %. The price per sq.feet has increased 113 % 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 $195.75 to $221 during March, and April.
Based upon to the price in Myerstown (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $331,488. In December This price remains at $337,354. During the following two months (January, February) the average price had a considerable increase of 119 % with regard to the previous two months. 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 $365,930 and $352,350.5 between 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 $324,895 they are 59 % more affordable than the average price for Myerstown. The properties with the lowest average price have 3 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 2 bedrooms priced at $184,814.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $36 / sq.feet, with an average $210 / sq.feet price in Myerstown. The properties with the lowest average prices have 2 bedrooms. They are 55 % cheaper than the average followed by properties with 3 bedrooms with a price at $80 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $324,895 it is 52 % cheaper than the average price in Myerstown. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $154,758 it is 31 % 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 $36 / sq.feet followed by "Duplex" priced at $987 / sq.feet. "Duplex" is the most costly type of property with a $987 / sq.feet cost followed by "House" with an average price of $36 / sq.feet.