Property prices for sale in Orefield (Pennsylvania)
The prices in real estate in Orefield, 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 Orefield has increased strongly during the last 6 months. In November, the average price per sq.feet was $132. In the following month the price per sq.feet increased considerably to $163. In the following two months the price per sq.feet has barely changed, going from $147.5 to $153 per sq.feet. The price per sq.feet has had a considerable increase of 147 % 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 $150.25 to $221.5 during March, and April.
Based upon to the price in Orefield (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $224,818. During December the price went through a considerable rise reaching $349,044. During the following two months (January, February) the average price had a considerable increase of 125 % 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 182 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 35 % cheaper than the average price of $385,522 in Orefield. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 72 % cheaper than the average price of ($60 / sq.feet) in Orefield. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 72 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $596,688 it is 39 % cheaper than the average price in Orefield. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $362,304 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $60 / sq.feet followed by "Townhouse" priced at $101 / sq.feet. "Townhouse" is the cheapest type of property with a $101 / sq.feet value followed by "House" with an average price of $60 / sq.feet.
