The prices in real estate in Pine Grove, 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 Pine Grove has increased strongly during the last 6 months. In June, the average price per sq.feet was $72. In July this price pretty much remained the same at a value of $71 per sq.feet. The price for the following two months in (August, September) had a considerable increment of 155 %. The price per sq.feet has had a considerable increase of 124 % 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 $91.25 to $113.5 during October, and November.
Based upon to the price in Pine Grove (cities), this has gone up considerably in the last 6 months. The price in June is $162,300, rising in July till $177,413. During the following two months (August, September) the average price had a considerable increase of 167 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $226,513.75 to $203,671.5 in October and November.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 22 % cheaper than the average price of $164,240 in Pine Grove. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 44 % more costly than the average price of ($160 / sq.feet) in Pine Grove. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 44 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $210,255 it is 22 % cheaper than the average price in Pine Grove. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $164,240 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $85 / sq.feet followed by "House" priced at $160 / sq.feet. "House" is the most costly type of property with a $160 / sq.feet cost followed by "Commercial" with an average price of $85 / sq.feet.