The prices in real estate in North Versailles, 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 North Versailles has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $85. In the following month the price per sq.feet decreased considerably to . In the following two months the price per sq.feet has increased 114 %, going from $42.5 to $48.5 per sq.feet. The price per sq.feet has had a considerable increase of 192 % 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 $45.5 to $87.5 during August, and September.
Based upon to the price in North Versailles (cities), this has gone downing the last 6 months. The average price for April is $68,292. During May the price had a considerable reduction till . During the following two months (June, July) the average price had a considerable increase of 151 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 233 % 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 $109,260 they are 9 % more affordable than the average price for North Versailles. The properties with the lowest average price have 2 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $103,438.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $83 / sq.feet, with an average $92 / sq.feet price in North Versailles. The properties with the highest average prices have 3 bedrooms. They are 725 % more expensive than the average followed by properties with 1 bedroom with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $109,260 it is 39 % cheaper than the average price in North Versailles. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $103,230 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $41 / sq.feet followed by "Duplex" priced at $53 / sq.feet. "House" is the most costly type of property with a $759 / sq.feet cost followed by "Townhouse" with an average price of $757 / sq.feet.