The prices in real estate in Slippery Rock, 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 Slippery Rock has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,065. In the following month the price per sq.feet increased considerably to $4,792. The price for the following two months in (December, January) had a considerable decrease of 31 with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $2,901.25 to $2,594 during February, and March.
Based upon to the price in Slippery Rock (cities), this has gone downing the last 6 months. The average price for October is $425,882. During November the price had a considerable reduction till $359,207. During the following two months (December, January) the price has had an average incrementation from $392,544.5 to $415,597.5. During the last two months the average price has had a strong fall compared to the previous four going from $404,071 to $330,895, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $343,142 they are 58 % more affordable than the average price for Slippery Rock. The properties with the lowest average price have 2 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at $145,500.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $2,351 / sq.feet price in Slippery Rock. The properties with the lowest average prices have 1 bedroom. They are 91 % cheaper than the average followed by properties with 2 bedrooms with a price at $102 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $343,142 it is 6 % cheaper than the average price in Slippery Rock. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $324,066 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $101 / sq.feet followed by "Apartment" priced at $102 / sq.feet. "Apartment" is the cheapest type of property with a $102 / sq.feet value followed by "House" with an average price of $101 / sq.feet.