The prices in real estate in Schwenksville, 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 Schwenksville has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $25,977. In the following month the price per sq.feet decreased considerably to $9,939. The price for the following two months in (November, December) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable increase of 268 % 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 $12,032.25 to $32,201 during January, and February.
Based upon to the price in Schwenksville (cities), these have remained the same in the last 6 months. The average price for September is $519,717. During October the price had a slight fall till $468,140. In the following two months the average price has remained the same with regard to the previous two months from $493,928.5 to $497,967. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $514,350 they are 45 % more affordable than the average price for Schwenksville. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 1 bedroom priced at $421,185.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $148 / sq.feet, with an average $8,619 / sq.feet price in Schwenksville. The properties with the highest average prices have 1 bedroom. They are 113 % more expensive than the average followed by properties with 2 bedrooms with a price at $156 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $514,350 it is 18 % cheaper than the average price in Schwenksville. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $506,206 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $137 / sq.feet followed by "House" priced at $193 / sq.feet. "Commercial" is the cheapest type of property with a $2,356 / sq.feet value followed by "House" with an average price of $193 / sq.feet.