Property prices for sale in Palmyra (Pennsylvania)
The prices in real estate in Palmyra, 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 Palmyra has increased strongly during the last 6 months. In October, the average price per sq.feet was $169. In November this price pretty much remained the same at a value of $165 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $167 to $166.5 per sq.feet. The price per sq.feet has had a considerable increase of 987 % 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 $166.75 to $1,646 during February, and March.
Based upon to the price in Palmyra (cities), this has gone downing the last 6 months. The average price for October is $398,244. During November the price had a slight fall till $341,247. During the following two months (December, January) the average price had a considerable reduction of 85 % 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 gone up 111 % 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 $336,059 they are 65 % more affordable than the average price for Palmyra. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $231,474.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $58 / sq.feet, with an average $190 / sq.feet price in Palmyra. The properties with the lowest average prices have 4 bedrooms. They are 35 % cheaper than the average followed by properties with 2 bedrooms with a price at $113 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $336,059 it is 41 % cheaper than the average price in Palmyra. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $235,596 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $63 / sq.feet followed by "House" priced at $87 / sq.feet. "Townhouse" is the cheapest type of property with a $100 / sq.feet value followed by "House" with an average price of $87 / sq.feet.
