Property prices for sale in Ottsville (Pennsylvania)
The prices in real estate in Ottsville, 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 Ottsville has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $7,682. In the following month the price per sq.feet decreased considerably to $3,461. The price for the following two months in (January, February) had a considerable decrease of 5 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $2,923 to $703.5 during March, and April.
Based upon to the price in Ottsville (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $742,720. In December This price remains at $753,419. In the following two months the average price has remained the same with regard to the previous two months from $748,069.5 to $747,148. Based on an analysis of the first four prices and the last two months the average price has risen strongly 185 % 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 $1,122,385 they are 73 % more affordable than the average price for Ottsville. The properties with the lowest average price have 2 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 1 bedroom priced at $298,103.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $457 / sq.feet, with an average $493 / sq.feet price in Ottsville. The properties with the highest average prices have 2 bedrooms. They are 17 % more expensive than the average followed by properties with 1 bedroom with a price at $457 / sq.feet.
With regard to the average price based upon the property in Ottsville we can see that the cheapest property type is "House" at a price of $871,517, they are 22 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 22 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $579 / sq.feet. "House" at an average price of $579 / sq.feet has the most expensive price and would be directed at more affluent cities.
