Property prices for sale in Norristown (Pennsylvania)
The prices in real estate in Norristown, 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 Norristown has increased during the last 6 months. In November, the average price per sq.feet was $189. In December this price pretty much remained the same at a value of $193 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $191 to $202 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $196.5 to $199.5 during March y April
Based upon to the price in Norristown (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $331,596. In December This price remains at $343,545. During the following two months (January, February) the average price had a considerable increase of 123 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $375,779.25 and $361,341.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $355,648 they are 42 % more affordable than the average price for Norristown. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 3 bedrooms priced at $348,414.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $208 / sq.feet, with an average $198 / sq.feet price in Norristown. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $245 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $355,648 it is 59 % cheaper than the average price in Norristown. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Triplex". At a price of $392,152 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Triplex" at an average cost of $89 / sq.feet followed by "Townhouse" priced at $173 / sq.feet. "Duplex" is the most costly type of property with a $9,976 / sq.feet cost followed by "House" with an average price of $256 / sq.feet.
