Property prices for sale in Nazareth (Pennsylvania)
The prices in real estate in Nazareth, in the Pennsylvania region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Nazareth has increased during the last 6 months. In November, the average price per sq.feet was $190. In the following month the price per sq.feet increased considerably to $222. In the following two months the price per sq.feet has barely changed, going from $206 to $196.5 per sq.feet. The price per sq.feet has increased 108 % 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 $201.25 to $217 during March, and April.
Based upon to the price in Nazareth (cities), this has gone up considerably in the last 6 months. The price in November is $473,880, rising in December till $505,517. During the following two months (January, February) the price has had an average incrementation from $489,698.5 to $518,809.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $542,437 they are 48 % more affordable than the average price for Nazareth. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 1 bedroom priced at $361,461.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $211 / sq.feet price in Nazareth. The properties with the highest average prices have 4 bedrooms. They are 3 % more expensive than the average followed by properties with 1 bedroom with a price at $181 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $542,437 it is 98 % cheaper than the average price in Nazareth. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $520,122 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $30 / sq.feet followed by "Commercial" priced at $171 / sq.feet. "House" is the most costly type of property with a $212 / sq.feet cost followed by "Detached House" with an average price of $190 / sq.feet.
