The prices in real estate in Shrewsbury, 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 Shrewsbury has increased strongly during the last 6 months. In September, the average price per sq.feet was $158. In October this price pretty much remained the same at a value of $164 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $161 to $182 per sq.feet. The price per sq.feet has increased 111 % 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 $171.5 to $190.5 during January, and February.
Based upon to the price in Shrewsbury (cities), this has gone up in the last 6 months. The price in September is $336,899, rising in October till $354,101. During the following two months (November, December) the price has had an average incrementation from $345,500 to $363,339. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $435,287 they are 25 % more affordable than the average price for Shrewsbury. The properties with the lowest average price have 1 bedroom, Their price is 23 % cheaper than the average. After that we have properties with 2 bedrooms priced at $327,514.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $65 / sq.feet, with an average $189 / sq.feet price in Shrewsbury. The properties with the lowest average prices have 1 bedroom. They are 64 % cheaper than the average followed by properties with 2 bedrooms with a price at $65 / sq.feet.
With regard to the average price based upon the property in Shrewsbury we can see that the cheapest property type is "House" at a price of $327,514, they are 25 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 25 % 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 $65 / sq.feet. "House" with an average cost of $65 / sq.feet has the lowest price and would be directed at less affluent cities.