The prices in real estate in Palmerton, in the Pennsylvania region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Palmerton has increased during the last 6 months. In September, the average price per sq.feet was $118. In the following month the price per sq.feet increased to $128. In the following two months the price per sq.feet has barely changed, going from $123 to $124.5 per sq.feet. The price per sq.feet has increased 108 % 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 $123.75 to $133.5 during January, and February.
Based upon to the price in Palmerton (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $182,938. During October the price went through a considerable rise reaching $228,180. During the following two months (November, December) the average price had a considerable increase of 119 % 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 196 % 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 68 % cheaper than the average price of $159,938 in Palmerton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 68 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % more costly than the average price of ($142 / sq.feet) in Palmerton. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $499,389 it is 79 % cheaper than the average price in Palmerton. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $104,692 it is 68 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $28 / sq.feet followed by "House" priced at $142 / sq.feet. "House" is the most costly type of property with a $142 / sq.feet cost followed by "Farm" with an average price of $28 / sq.feet.