The prices in real estate in New Oxford, 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 Oxford has increased strongly during the last 6 months. In April, the average price per sq.feet was $107. In the following month the price per sq.feet increased to $113. The price for the following two months in (June, July) had a considerable increment of 130 %. The price per sq.feet has increased 107 % 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 $126.25 to $135.5 during August, and September.
Based upon to the price in New Oxford (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $279,025. In May This price remains at $271,044. During the following two months (June, July) the average price had a considerable increase of 121 % 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 $304,476.25 to $237,235, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $205,511 they are 0 % more affordable than the average price for New Oxford. The properties with the highest average price have 1 bedroom, Their price is 0 % more costly than the average. After that we have properties with 3 bedrooms priced at $204,818.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $126 / sq.feet price in New Oxford. The properties with the lowest average prices have 1 bedroom. They are 31 % cheaper than the average followed by properties with 3 bedrooms with a price at $82 / sq.feet.
With regard to the average price based upon the property in New Oxford we can see that the cheapest property type is "House" at a price of $204,818, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $82 / sq.feet. "House" with an average cost of $82 / sq.feet has the lowest price and would be directed at less affluent cities.