Property prices for sale in Newtown (Pennsylvania)
The prices in real estate in Newtown, in the Pennsylvania region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Newtown has remained the same in the last 6 months. In October, the average price per sq.feet was $338. In the following month the price per sq.feet decreased to $313. In the following two months the price per sq.feet has barely changed, going from $325.5 to $320 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $322.75 to $384.5 during February, and March.
Based upon to the price in Newtown (cities), these have remained the same in the last 6 months. The average price for October is $1,145,400. During November the price had a considerable reduction till $951,984. During the following two months (December, January) the price has had an average incrementation from $1,048,692 to $1,168,506. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,173,251 they are 76 % more affordable than the average price for Newtown. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,042,975.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $222 / sq.feet, with an average $366 / sq.feet price in Newtown. The properties with the highest average prices have 2 bedrooms. They are 40 % more expensive than the average followed by properties with 1 bedroom with a price at $391 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,173,251 it is 38 % cheaper than the average price in Newtown. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $792,091 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $160 / sq.feet followed by "House" priced at $286 / sq.feet. "Apartment" is the cheapest type of property with a $365 / sq.feet value followed by "Condo" with an average price of $290 / sq.feet.
