The prices in real estate in Waynesboro, in the Pennsylvania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Waynesboro has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $2,118. In the following month the price per sq.feet decreased considerably to $1,730. The price for the following two months in (April, May) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 9 % 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 $1,401.75 to $127 during June, and July.
Based upon to the price in Waynesboro (cities), this has gone up considerably in the last 6 months. The price in February is $188,827, rising in March till $212,242. During the following two months (April, May) the average price had a considerable increase of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $307,539 they are 56 % more affordable than the average price for Waynesboro. The properties with the lowest average price have 4 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 1 bedroom priced at $243,119.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $126 / sq.feet price in Waynesboro. The properties with the lowest average prices have 1 bedroom. They are 9 % cheaper than the average followed by properties with 3 bedrooms with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $307,539 it is 54 % cheaper than the average price in Waynesboro. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $227,806 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $81 / sq.feet followed by "Townhouse" priced at $94 / sq.feet. "House" is the cheapest type of property with a $113 / sq.feet value followed by "Townhouse" with an average price of $94 / sq.feet.