The prices in real estate in Tannersville, 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 Tannersville has increased strongly during the last 6 months. In May, the average price per sq.feet was $9,188. In the following month the price per sq.feet increased to $9,994. The price for the following two months in (July, August) had a considerable increment of 173 %. 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 $13,072.5 to $11,625 during September, and October.
Based upon to the price in Tannersville (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during May, is $570,207. During June the price went through a considerable rise reaching $803,268. During the following two months (July, August) the average price had a considerable reduction of 30 % 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 $447,379.25 to $221,320, which means a 49 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 27 % cheaper than the average price of $198,442 in Tannersville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($111 / sq.feet) in Tannersville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $270,490 it is 59 % cheaper than the average price in Tannersville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $110,228 it is 27 % 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 $111 / sq.feet followed by "Commercial" priced at $21,804 / sq.feet. "Commercial" is the cheapest type of property with a $21,804 / sq.feet value followed by "House" with an average price of $111 / sq.feet.