The prices in real estate in Pipersville, 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 Pipersville has increased strongly during the last 6 months. In October, the average price per sq.feet was $685. In the following month the price per sq.feet decreased considerably to $305. The price for the following two months in (December, January) had a considerable increment of 624 %. The price per sq.feet has had a considerable increase of 248 % 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 $1,791.25 to $4,450.5 during February, and March.
Based upon to the price in Pipersville (cities), this has gone up considerably in the last 6 months. The average price for October is $1,083,835. During November the price had a considerable reduction till $881,925. In the following two months the average price has remained the same with regard to the previous two months from $982,880 to $1,023,510. Based on an analysis of the first four prices and the last two months the average price has risen strongly 171 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,730,660 they are 75 % more affordable than the average price for Pipersville. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 1 bedroom priced at $996,568.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $237 / sq.feet, with an average $4,725 / sq.feet price in Pipersville. The properties with the lowest average prices have 1 bedroom. They are 17 % cheaper than the average followed by properties with 4 bedrooms with a price at $383 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,730,660 it is 56 % cheaper than the average price in Pipersville. "House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $1,043,490 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $285 / sq.feet followed by "House" priced at $320 / sq.feet. "Land" is the most costly type of property with a $192,752 / sq.feet cost followed by "House" with an average price of $320 / sq.feet.