The prices in real estate in New Brighton, 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 New Brighton has increased strongly during the last 6 months. In March, the average price per sq.feet was $146. In the following month the price per sq.feet increased considerably to $177. The price for the following two months in (May, June) had a considerable increment of 169 %. The price per sq.feet has had a considerable deflation of 79 % 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 $217 to $172 during July, and August.
Based upon to the price in New Brighton (cities), these have remained the same in the last 6 months. The price in March is $410,968, rising in April till $432,720. During the following two months (May, June) the average price had a considerable increase of 115 % 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 $453,965 to $357,274.5, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $362,568 they are 40 % more affordable than the average price for New Brighton. The properties with the highest average price have 4 bedrooms, Their price is 66 % more costly than the average. After that we have properties with 3 bedrooms priced at $383,567.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $175 / sq.feet, with an average $176 / sq.feet price in New Brighton. The properties with the highest average prices have 4 bedrooms. They are 41 % more expensive than the average followed by properties with 1 bedroom with a price at $183 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $362,568 it is 57 % cheaper than the average price in New Brighton. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $235,749 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $67 / sq.feet followed by "Condo" priced at $153 / sq.feet. "House" is the most costly type of property with a $177 / sq.feet cost followed by "Condo" with an average price of $153 / sq.feet.