The prices in real estate in Reynoldsville, 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 Reynoldsville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,901. In the following month the price per sq.feet decreased considerably to $80. The price for the following two months in (December, January) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable increase of 212 % 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 $799.5 to $1,695.5 during February, and March.
Based upon to the price in Reynoldsville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $162,978. In November This price remains at $168,579. In the following two months the average price has remained the same with regard to the previous two months from $165,778.5 to $171,361. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $168,569.75 to $153,842 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $154,500 they are 66 % more affordable than the average price for Reynoldsville. The properties with the lowest average price have 3 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 4 bedrooms priced at $104,705.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $12 / sq.feet, with an average $2,246 / sq.feet price in Reynoldsville. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $17 / sq.feet.
With regard to the average price based upon the property in Reynoldsville we can see that the cheapest property type is "House" at a price of $104,705, they are 32 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 32 % 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 $12 / sq.feet. "House" with an average cost of $12 / sq.feet has the lowest price and would be directed at less affluent cities.