Property prices for sale in Reading (Pennsylvania)
The prices in real estate in Reading, in the Pennsylvania region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Reading has increased during the last 6 months. In November, the average price per sq.feet was $141. In December this price pretty much remained the same at a value of $134 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $137.5 to $146.5 per sq.feet. The price per sq.feet has increased 113 % 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 $142 to $160.5 during March, and April.
Based upon to the price in Reading (cities), these have remained the same in the last 6 months. The average price for November is $282,507. During December the price had a slight fall till $259,858. In the following two months the average price has remained the same with regard to the previous two months from $271,182.5 to $270,543.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $270,863 and $279,421.5 between 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 $276,080 they are 79 % more affordable than the average price for Reading. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $249,542.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $90 / sq.feet, with an average $161 / sq.feet price in Reading. The properties with the highest average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $276,080 it is 39 % cheaper than the average price in Reading. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $321,329 it is 239 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $133 / sq.feet followed by "Townhouse" priced at $136 / sq.feet. "Land" is the most costly type of property with a $229,728 / sq.feet cost followed by "Commercial" with an average price of $15,507 / sq.feet.
