The prices in real estate in Orwigsburg, 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 Orwigsburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $142. In the following month the price per sq.feet increased to $154. The price for the following two months in (January, February) had a considerable increment of 865 %. The price per sq.feet has had a considerable increase of 124 % 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 $713.75 to $886.5 during March, and April.
Based upon to the price in Orwigsburg (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $242,503. During December the price went through a considerable rise reaching $296,623. During the following two months (January, February) the price has had an average incrementation from $269,563 to $301,189.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $298,413 they are 5 % more expensive than the average price for Orwigsburg. Following this ranking we find those properties with 1 at an average price of $314,881. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $313,308.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $26 / sq.feet, with an average $145 / sq.feet price in Orwigsburg. The properties with the lowest average prices have 1 bedroom. They are 79 % cheaper than the average followed by properties with 3 bedrooms with a price at $26 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $298,413 it is 11 % cheaper than the average price in Orwigsburg. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $265,661 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $26 / sq.feet followed by "Condo" priced at $8,598 / sq.feet. "Condo" is the most costly type of property with a $8,598 / sq.feet cost followed by "House" with an average price of $26 / sq.feet.