The prices in real estate in Red Hill, 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 Red Hill has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $15,788. In the following month the price per sq.feet decreased considerably to $7,080. The price for the following two months in (October, November) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $8,472 to $103.5 during December, and January.
Based upon to the price in Red Hill (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during August, is $294,913. During September the price went through a considerable rise reaching $431,725. During the following two months (October, November) the average price had a considerable reduction of 51 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $274,098.75 to $158,144, which means a 58 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 45 % more costly than the average price of $210,294 in Red Hill. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 45 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 13 % cheaper than the average price of ($85 / sq.feet) in Red Hill. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 13 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Red Hill we can see that most expensive property type is "House" at a price of $210,294, they are 45 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 45 % more expensive 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 $85 / sq.feet. "House" with an average cost of $85 / sq.feet has the lowest price and would be directed at less affluent cities.