The prices in real estate in Shohola, 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 Shohola has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,182. In the following month the price per sq.feet decreased considerably to $174. The price for the following two months in (December, January) had a considerable increment of 168 %. The price per sq.feet has had a considerable increase of 426 % 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 $908.75 to $3,867 during February, and March.
Based upon to the price in Shohola (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $292,307. During November the price went through a considerable rise reaching $353,110. During the following two months (December, January) the average price had a considerable reduction of 56 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $252,289.5 to $161,787, which means a 64 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $155,808 they are 64 % more affordable than the average price for Shohola. The properties with the highest average price have 3 bedrooms, Their price is 214 % more costly than the average. After that we have properties with 4 bedrooms priced at $325,360.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $99 / sq.feet, with an average $3,820 / sq.feet price in Shohola. The properties with the lowest average prices have 4 bedrooms. They are 57 % cheaper than the average followed by properties with 3 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $155,808 it is 60 % cheaper than the average price in Shohola. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $62,554 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $144 / sq.feet followed by "Land" priced at $16,770 / sq.feet. "Land" is the most costly type of property with a $16,770 / sq.feet cost followed by "House" with an average price of $144 / sq.feet.