The prices in real estate in Pittsburgh, in the Pennsylvania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Pittsburgh has fallen in the last 6 months. In August, the average price per sq.feet was $69. In September this price pretty much remained the same at a value of $69 per sq.feet. The price for the following two months in (October, November) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $66.25 to $61.5 during December, and January.
Based upon to the price in Pittsburgh (cities), this has gone downing the last 6 months. In our first sample month during August, the average price is $103,559. In September This price remains at $107,829. During the following two months (October, November) the average price fell 92 % 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 91 %, going from $101,361 to $92,266.5 in December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $104,815 they are 15 % more affordable than the average price for Pittsburgh. The properties with the highest average price have 4 bedrooms, Their price is 90 % more costly than the average. After that we have properties with 1 bedroom priced at $132,734.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $60 / sq.feet, with an average $67 / sq.feet price in Pittsburgh. The properties with the highest average prices have 1 bedroom. They are 130 % more expensive than the average followed by properties with 2 bedrooms with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $104,815 it is 2 % cheaper than the average price in Pittsburgh. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Office". At a price of $461,975 it is 495 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $65 / sq.feet followed by "Land" priced at $140 / sq.feet. "Condo" is the most costly type of property with a $390 / sq.feet cost followed by "Office" with an average price of $145 / sq.feet.