The prices in real estate in Nesquehoning, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Nesquehoning has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $124. In November this price pretty much remained the same at a value of $118 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $107.5 to $97.5 during February, and March.
Based upon to the price in Nesquehoning (cities), this has fallen considerably in the last 6 months. The price in October is $176,300, rising in November till $198,188. During the following two months (December, January) the average price had a considerable reduction of 84 % 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 $171,820.5 to $114,177, which means a 66 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 26 % cheaper than the average price of $80,425 in Nesquehoning. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $109,201 it is 41 % cheaper than the average price in Nesquehoning. "" is seen as the second most affordable property type. The cheapest type property is "" followed by "House". At a price of $64,532 it is 26 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $33 / sq.feet. "House" with an average cost of $33 / sq.feet has the lowest price and would be directed at less affluent cities.