The prices in real estate in Pen Argyl, 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 Pen Argyl has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,216. In the following month the price per sq.feet decreased considerably to $174. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 40 % 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 $1,366.75 to $547.5 during February, and March.
Based upon to the price in Pen Argyl (cities), this has gone up in the last 6 months. The price in October is $300,895, rising in November till $331,273. In the following two months the average price has remained the same with regard to the previous two months from $316,084 to $328,419.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $322,251.75 and $312,965.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $298,738 they are 42 % more affordable than the average price for Pen Argyl. The properties with the lowest average price have 1 bedroom, Their price is 41 % cheaper than the average. After that we have properties with 2 bedrooms priced at $172,957.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $56 / sq.feet, with an average $171 / sq.feet price in Pen Argyl. The properties with the lowest average prices have 1 bedroom. They are 56 % cheaper than the average followed by properties with 2 bedrooms with a price at $61 / sq.feet.
With regard to the average price based upon the property in Pen Argyl we can see that the cheapest property type is "House" at a price of $172,092, they are 42 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 42 % 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 $56 / sq.feet. "House" with an average cost of $56 / sq.feet has the lowest price and would be directed at less affluent cities.