The prices in real estate in Pittston, 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 Pittston has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $142. In the following month the price per sq.feet increased to $151. The price for the following two months in (January, February) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $127.75 to $105.5 during March, and April.
Based upon to the price in Pittston (cities), these have remained the same in the last 6 months. The price in November is $253,986, rising in December till $282,353. In the following two months the average price has remained the same with regard to the previous two months from $268,169.5 to $264,391.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $266,280.5 to $251,303 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $279,641 they are 33 % more affordable than the average price for Pittston. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 2 bedrooms priced at $240,828.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $118 / sq.feet, with an average $122 / sq.feet price in Pittston. The properties with the highest average prices have 4 bedrooms. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $138 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $279,641 it is 39 % cheaper than the average price in Pittston. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $238,529 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $76 / sq.feet followed by "Condo" priced at $115 / sq.feet. "House" is the cheapest type of property with a $120 / sq.feet value followed by "Condo" with an average price of $115 / sq.feet.