Property prices for sale in Northumberland (Pennsylvania)
The prices in real estate in Northumberland, 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 Northumberland has increased strongly during the last 6 months. In October, the average price per sq.feet was $146. In the following month the price per sq.feet increased to $159. The price for the following two months in (December, January) had a considerable increment of 630 %. The price per sq.feet has had a considerable increase of 373 % 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 $556.5 to $2,074.5 during February, and March.
Based upon to the price in Northumberland (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $164,573. In November This price remains at $166,492. During the following two months (December, January) the average price had a considerable increase of 116 % 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 gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $209,447 they are 54 % more affordable than the average price for Northumberland. The properties with the highest average price have 1 bedroom, Their price is 122 % more costly than the average. After that we have properties with 4 bedrooms priced at $407,801.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $2,107 / sq.feet price in Northumberland. The properties with the lowest average prices have 1 bedroom. They are 59 % cheaper than the average followed by properties with 4 bedrooms with a price at $125 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $209,447 it is 22 % cheaper than the average price in Northumberland. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $162,336 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $47 / sq.feet followed by "House" priced at $100 / sq.feet. "House" is the cheapest type of property with a $100 / sq.feet value followed by "Land" with an average price of $47 / sq.feet.
