The prices in real estate in Shippensburg, in the Pennsylvania region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Shippensburg has increased during the last 6 months. In July, the average price per sq.feet was $108. In the following month the price per sq.feet increased to $122. In the following two months the price per sq.feet has increased 108 %, going from $115 to $124.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $119.75 to $109.5 during November, and December.
Based upon to the price in Shippensburg (cities), this has gone up in the last 6 months. The average price during our first sample month during July, is $197,463. During August the price went through a considerable rise reaching $234,150. During the following two months (September, October) the price has had an average incrementation from $215,806.5 to $239,697. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $227,751.75 to $205,805.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $199,976 they are 35 % more affordable than the average price for Shippensburg. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 1 bedroom priced at $280,506.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $110 / sq.feet price in Shippensburg. The properties with the highest average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $199,976 it is 27 % cheaper than the average price in Shippensburg. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $174,200 it is 45 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $55 / sq.feet followed by "Townhouse" priced at $69 / sq.feet. "House" is the most costly type of property with a $124 / sq.feet cost followed by "Farm" with an average price of $70 / sq.feet.