Property prices for sale in Prospect Park (Pennsylvania)

The prices in real estate in Prospect Park, 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.

$241,371.83
Average price last 6 months
$27,920.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Prospect Park has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $132,881. In the following month the price per sq.feet decreased considerably to $9,518. The price for the following two months in (October, November) had a considerable decrease of 6 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $37,840.75 to $8,079 during December, and January.

Average price

Based upon to the price in Prospect Park (cities), this has fallen considerably in the last 6 months. The average price for August is $286,550. During September the price had a considerable reduction till $193,983. During the following two months (October, November) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $266,244 they are 50 % more affordable than the average price for Prospect Park. The properties with the lowest average price have 3 bedrooms, Their price is 37 % cheaper than the average. After that we have properties with 1 bedroom priced at $132,586.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $79 / sq.feet, with an average $11,507 / sq.feet price in Prospect Park. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $84 / sq.feet.

Price per property type

With regard to the average price based upon the property in Prospect Park we can see that the cheapest property type is "House" at a price of $168,675, they are 37 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 37 % 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 $241 / sq.feet. "House" with an average cost of $241 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Prospect Park
Number of properties used in region Pennsylvania
$266,244
$11,507
146
339,872
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value