The prices in real estate in Tobyhanna, 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 Tobyhanna has increased during the last 6 months. In November, the average price per sq.feet was $1,854. In the following month the price per sq.feet increased considerably to $2,689. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $2,194.25 to $1,845.5 during March, and April.
Based upon to the price in Tobyhanna (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $284,200. In December This price remains at $271,487. In the following two months the average price has remained the same with regard to the previous two months from $277,843.5 to $280,965. 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 $279,404.25 and $273,837 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $283,247 they are 55 % more affordable than the average price for Tobyhanna. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $271,654.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $91 / sq.feet, with an average $611 / sq.feet price in Tobyhanna. The properties with the lowest average prices have 3 bedrooms. They are 73 % cheaper than the average followed by properties with 4 bedrooms with a price at $156 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $283,247 it is 76 % cheaper than the average price in Tobyhanna. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $115,746 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $157 / sq.feet followed by "Apartment" priced at $369 / sq.feet. "Farm" is the most costly type of property with a $3,374 / sq.feet cost followed by "Commercial" with an average price of $2,918 / sq.feet.