The prices in real estate in Peach Bottom, 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 Peach Bottom has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $37,578. In the following month the price per sq.feet decreased considerably to $196. The price for the following two months in (December, January) had a considerable increment of 219 %. The price per sq.feet has had a considerable deflation of 0 % 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 $30,145.75 to $143.5 during February, and March.
Based upon to the price in Peach Bottom (cities), this has gone up considerably in the last 6 months. The price in October is $354,750, rising in November till $385,114. During the following two months (December, January) the average price had a considerable increase of 164 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $488,326 to $323,566.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $309,300 they are 73 % more affordable than the average price for Peach Bottom. The properties with the lowest average price have 3 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 2 bedrooms priced at $121,095.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $89 / sq.feet, with an average $138 / sq.feet price in Peach Bottom. The properties with the lowest average prices have 2 bedrooms. They are 12 % cheaper than the average followed by properties with 1 bedroom with a price at $102 / sq.feet.
With regard to the average price based upon the property in Peach Bottom we can see that the cheapest property type is "House" at a price of $231,092, they are 25 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 25 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $89 / sq.feet. "House" with an average cost of $89 / sq.feet has the lowest price and would be directed at less affluent cities.