The prices in real estate in Swarthmore, 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 Swarthmore has increased during the last 6 months. In November, the average price per sq.feet was $200. In the following month the price per sq.feet increased to $215. In the following two months the price per sq.feet has increased 106 %, going from $207.5 to $220 per sq.feet. The price per sq.feet has increased 108 % 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 $213.75 to $230 during March, and April.
Based upon to the price in Swarthmore (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $305,612. During December the price went through a considerable rise reaching $398,231. During the following two months (January, February) the price has had an average incrementation from $351,921.5 to $384,098. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $516,971 they are 83 % more affordable than the average price for Swarthmore. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 3 bedrooms priced at $292,566.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $127 / sq.feet, with an average $246 / sq.feet price in Swarthmore. The properties with the lowest average prices have 3 bedrooms. They are 10 % cheaper than the average followed by properties with 4 bedrooms with a price at $189 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $516,971 it is 73 % cheaper than the average price in Swarthmore. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $202,913 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $96 / sq.feet followed by "Condo" priced at $131 / sq.feet. "House" is the cheapest type of property with a $229 / sq.feet value followed by "Condo" with an average price of $131 / sq.feet.