Property prices for sale in Red Lion (Pennsylvania)
The prices in real estate in Red Lion, in the Pennsylvania region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Red Lion has increased strongly during the last 6 months. In October, the average price per sq.feet was $151. In the following month the price per sq.feet decreased to $141. In the following two months the price per sq.feet has increased 107 %, going from $146 to $156 per sq.feet. The price per sq.feet has had a considerable increase of 286 % 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 $151 to $432 during February, and March.
Based upon to the price in Red Lion (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $269,125. In November This price remains at $267,569. In the following two months the average price has remained the same with regard to the previous two months from $268,347 to $268,094. 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 $268,220.5 and $268,694.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $280,183 they are 40 % more affordable than the average price for Red Lion. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 1 bedroom priced at $212,973.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $163 / sq.feet price in Red Lion. The properties with the lowest average prices have 2 bedrooms. They are 46 % cheaper than the average followed by properties with 1 bedroom with a price at $77 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $280,183 it is 36 % cheaper than the average price in Red Lion. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Townhouse". At a price of $258,776 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $54 / sq.feet followed by "House" priced at $61 / sq.feet. "Condo" is the most costly type of property with a $395 / sq.feet cost followed by "Townhouse" with an average price of $199 / sq.feet.
