Property prices for sale in Oley (Pennsylvania)
The prices in real estate in Oley, 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 Oley has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $265. In the following month the price per sq.feet decreased considerably to $203. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 20 % 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 $225 to $45 during February, and March.
Based upon to the price in Oley (cities), this has fallen considerably in the last 6 months. The average price for October is $776,765. During November the price had a considerable reduction till $584,740. During the following two months (December, January) the average price had a considerable reduction of 61 % 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 $549,077.75 to $146,616.5, which means a 27 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $293,233 they are 37 % more affordable than the average price for Oley. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 2 bedrooms priced at $250,389.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $42 / sq.feet, with an average $90 / sq.feet price in Oley. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $88 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $293,233 it is 21 % cheaper than the average price in Oley. "Farm" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Farm". At a price of $270,578 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $56 / sq.feet followed by "House" priced at $76 / sq.feet. "Townhouse" is the cheapest type of property with a $86 / sq.feet value followed by "House" with an average price of $76 / sq.feet.
