The prices in real estate in State College, 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 State College has increased during the last 6 months. In July, the average price per sq.feet was $170. In the following month the price per sq.feet increased to $182. In the following two months the price per sq.feet has barely changed, going from $176 to $177 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $176.5 to $184 during November y December
Based upon to the price in State College (cities), this has gone up in the last 6 months. The price in July is $363,762, rising in August till $392,095. During the following two months (September, October) the price has had an average incrementation from $377,928.5 to $420,445.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $399,187 and $418,020.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $392,043 they are 47 % more affordable than the average price for State College. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $298,552.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $176 / sq.feet price in State College. The properties with the highest average prices have 1 bedroom. They are 84 % more expensive than the average followed by properties with 2 bedrooms with a price at $213 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $392,043 it is 21 % cheaper than the average price in State College. "Condo" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Apartment". At a price of $312,544 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $100 / sq.feet followed by "Land" priced at $145 / sq.feet. "Apartment" is the cheapest type of property with a $160 / sq.feet value followed by "Condo" with an average price of $150 / sq.feet.