The prices in real estate in Telford, 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 Telford has increased strongly during the last 6 months. In October, the average price per sq.feet was $210. In the following month the price per sq.feet increased to $232. In the following two months the price per sq.feet has barely changed, going from $221 to $216.5 per sq.feet. The price per sq.feet has had a considerable increase of 912 % 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 $218.75 to $1,994 during February, and March.
Based upon to the price in Telford (cities), these have remained the same in the last 6 months. The average price for October is $428,512. During November the price had a slight fall till $384,986. In the following two months the average price has remained the same with regard to the previous two months from $406,749 to $415,777. 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 $411,263 and $412,492.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $450,416 they are 63 % more affordable than the average price for Telford. The properties with the lowest average price have 4 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 3 bedrooms priced at $290,684.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $235 / sq.feet price in Telford. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $157 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $450,416 it is 58 % cheaper than the average price in Telford. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $298,649 it is 25 % 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 $126 / sq.feet followed by "Townhouse" priced at $135 / sq.feet. "Condo" is the cheapest type of property with a $182 / sq.feet value followed by "House" with an average price of $153 / sq.feet.