The prices in real estate in Selinsgrove, 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 Selinsgrove has increased strongly during the last 6 months. In October, the average price per sq.feet was $162. In November this price pretty much remained the same at a value of $163 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 507 %. The price per sq.feet has had a considerable increase of 282 % 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 $493.25 to $1,389.5 during February, and March.
Based upon to the price in Selinsgrove (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $249,316. In November This price remains at $236,955. During the following two months (December, January) the price has had an average incrementation from $243,135.5 to $256,900.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $294,569 they are 27 % more affordable than the average price for Selinsgrove. The properties with the highest average price have 4 bedrooms, Their price is 116 % more costly than the average. After that we have properties with 1 bedroom priced at $360,000.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $75 / sq.feet, with an average $174 / sq.feet price in Selinsgrove. The properties with the highest average prices have 4 bedrooms. They are 68 % more expensive than the average followed by properties with 2 bedrooms with a price at $184 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $294,569 it is 53 % cheaper than the average price in Selinsgrove. "Farm" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $283,956 it is 219 % 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 $76 / sq.feet followed by "Commercial" priced at $139 / sq.feet. "Land" is the most costly type of property with a $40,558 / sq.feet cost followed by "House" with an average price of $172 / sq.feet.